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Tempers flare as Sorrell beats WPP in battle for Dutch agency

Reuters  |  LONDON 

By Kate HoltonLONDON (Reuters) - Martin Sorrell beat WPP in the race to buy a Dutch digital agency on Tuesday, infuriating his former company and revealing the animosity raging between the two sides. Sorrell left the world's biggest advertising group WPP in April over a complaint of personal misconduct. Leaving without a non-compete clause, he set up a new company weeks later and took on his former firm in a bid battle for the agency MediaMonks. Incensed, WPP had warned Sorrell that he would lose his multi-million pound share awards if he did not back off, arguing that their former CEO and ...

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First Published: Tue, July 10 2018. 15:20 IST