Former head of advertising giant WPP and executive chairman of S4 Capital, Martin Sorrell, on Wednesday said his company will come to India via small acquisition.
In an interview to CNBC–TV18’s Farah Bookwala Vhora, Sorrell said, "From the point of view of electorate you want continuity. When you have volatility in government, it's probably a negative. You want certainly 5 years or 10 years, so that is the key issue. Look at the UK, the uncertainties surrounding the UK is huge at the moment. I cannot think that any significant investment decision is being made in the environment we have in the UK."
Speaking on S4 Capital’s entry in to India, he said, “We are not here in India, but we are planning to be here. We will either do it by a small acquisition or merger with a small company, because we are creating a unitary company, no taking minority investments or even majority investments, what we want to do is create any integrated hold."