WPP sells Ooh!Media stake to Goldman Sachs for $66.5m (AdNews)

The move comes ahead of Ooh!Media's acquisition of Adshel, which was given the green light by the ACCC last week. WPP, through Cavendish Square Holdings, has been a long-time shareholder of Ooh!Media. Goldman Sachs, which began seeking buyers for the shares on Wednesday, organised the trade involving 12.9 million shares sold at $5.13 each, a 2.8% discount from its last $5.28 closing price. […]