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Martin Sorrell’s much-hyped absence from advertising is proving quite short lived.
According to a report that ran in the U.K.’s Sky News this afternoon, the now-former leader of WPP looks to re-enter the ad industry in much the same way he did before: by taking over a shell company.
The story by Sky reporter Mark Kleinman claims that Sorrell is set to take charge of a little-known London investment firm called Derriston Capital PLC, which went public in 2016 and specializes in “opportunities within the global medical technology industry,” according to its website.
With Sorrell as its chairman, Derritson will then acquire S4, a new entity created by Sorrell, and use it to acquire other businesses.
Theoretically,
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