WPP Faces FTSE Eviction, Potential Takeover

WPP, once a FTSE one hundred staple, faces potential removal due to a staggering 80% drop in share value since 2017. The advertising industrys challenges, including budget cuts and AI-driven ad creation, have exacerbated the companys struggles. With a valuation now at £3.2 billion, WPP is seen as a potential takeover target.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.