What's happened
WPP's profits fall by 70% while Bunzl acquires Nisbets for
£500 million.
Why it matters
The drop in WPP's profits and Bunzl's acquisition of Nisbets are significant events in the business and finance sectors.
What the papers say
The Times reports on Bunzl's acquisition of Nisbets and the impact on its share price, while The Independent and The Guardian focus on WPP's drop in profits.
How we got here
The Times and The Independent have reported on the financial performance of WPP and Bunzl over the past few days.
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