Business Standard

Adman Martin Sorell back amongst the mad men, six weeks after WPP ouster

S4 Capital Ltd., a vehicle largely funded by Sorrell, will be acquired by Derriston Capital Plc, which will leave him as chairman of Derriston

Martin Sorrell, who recently resigned as the head of WPP, helped create the era of conglomerate-building that has defined the advertising industry for the past three decades.
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Martin Sorrell, who recently resigned as the head of WPP, helped create the era of conglomerate-building that has defined the advertising industry for the past three decades.

Kim Robert McLaughlin | Bloomberg

Three decades after turning a maker of wire shopping baskets into the world’s biggest advertising company, Martin Sorrell is about to find out if he still has the magic touch.

The former WPP Plc chief executive officer will take control of a publicly traded company just over six weeks after his abrupt exit from WPP. S4 Capital Ltd., a vehicle largely funded by Sorrell, will be acquired by Derriston Capital Plc, an investment firm that raised 2.3 million pounds ($3 million) in its initial public offering at the end of 2016. The reverse takeover will leave Sorrell as chairman of

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