One Southwark Bridge could become ad group’s head office in break from Sorrell era
WPP is in advanced talks to buy the Financial Times’s London headquarters for more than £90m in another significant break from the Sir Martin Sorrell era.
The media and advertising group is understood to be close to striking a deal for the building, as new its chief executive, Mark Read, continues to ring the changes following company founder Sorrell’s abrupt resignation in April. The FT is due to vacate the building next year, to return to its previous offices at Bracken House near St Paul’s Cathedral.
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