WPP Unit TNS Buys Sinotrust Market Research for Undisclosed Sum

Posted by Joachim Bartels | May 14, 2013 | China, Experian, Market Research, Sinotrust, Uncategorized | 0 |

Advertising agency WPP PLC (WPP.LN) announced its wholly-owned operating company TNS has agreed to acquire Sinotrust Market Research, a market research and consulting company in China, from Experian PLC (EXPN.LN) for an undisclosed sum.

Sinotrust Market Research’s unaudited revenue for the year ended March 31 were 255 million Chinese Yuan, with gross assets at the same date of CNY95 million.

Sinotrust will continue its commercial credit reporting business.

Source: foxbusiness.com/news

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.