WPP PLC shares rose sharply after the advertising giant beat sales forecasts and opened the door to asset sales in the wake of founder and former Chief Executive Martin Sorrell’s recent, surprise exit.
Alongside its first financial report since Mr. Sorrell stepped down, WPP said it would continue to keep the details of a probe that triggered his departure confidential. Mr. Sorrell resigned abruptly earlier this month after the board investigated what it has described as an allegation of personal misconduct.
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