Original article by Max Mason
The Australian Financial Review – Page: 15 : 15-Dec-15

Shares in STW Communications Group closed 1.4 per cent higher at $A0.735 in response to a merger with the Australian and New Zealand division of WPP Group. The merged entity will retain its Australian sharemarket listing and will comprise around 75 businesses in the marketing and advertising sector. STW CEO Mike Connaghan will head the new entity, which will boast annual revenue of $A847m. WPP will hold a 61 per cent stake in the company.

CORPORATES
STW COMMUNICATIONS GROUP LIMITED – ASX SGN, WPP GROUP PLC, MEDIACOM AUSTRALIA PTY LTD, GEORGE PATTERSON Y&R PTY LTD, MEC (AUSTRALIA) PTY LTD, SINGLETON, OGILVY AND MATHER HOLDINGS PTY LTD, CAVENDISH SQUARE, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION