S4 Capital received no credible approach, Martin Sorrell says

Reuters
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LONDON, March 27 (Reuters) - S4 Capital had received no credible takeover approach, Executive Chairman Martin Sorrell said when asked about a recent Wall Street Journal report saying he had turned down approaches from private equity and U.S. rival Stagwell.

"We received nothing credible," Sorrell said in an interview after his ad group published results on Wednesday.

"We control our own destiny," he added. (Reporting by Paul Sandle; editing by Sarah Young)

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