Mark Read

Deal, which values the business at $4bn, part of push to cut debt and simplify the network

Bain Capital has been discussing the purchase of a 60% stake in business

Sale of WPP market research unit could value it at about £3 billion

Group is led by company veteran Mark Read after departure of founder Martin Sorrell

Revenue dips slightly to €18bn as company loses several big-name clients

Market report: Recovery helped by greater optimism over US-China trade

Firm has cut sales and profit forecasts following tightening of client spending

Market report: One of the biggest comebacks in the choppy session was by struggling department store chain Debenhams

US market closed due to Labor Day holiday but UK markets perform well

Mark Read’s total pay is set to be lower than that received by Martin Sorrell

Previous boss of Wunderman was internal favourite to succeed Martin Sorrell

Advertising group founder also refers to ‘scurrilous and salacious stuff’ in the media following his exit

Advertising chief resigned after media reports of improper use of company funds

Around 30% of investors fail to back pay proposal

Routine abuse of underlings coupled with a board-level investigation into his personal conduct and use of company money led to his departure

Bloom, Cat Laughs, Forbidden Fruit, Vantastival, Women’s Mini Marathon and more

Tim Armstrong among range of external options for top job with advertising giant

Advertising group’s management to look at restructuring and possible disposals