WPP PLC

* Sorrell says his lawyers will look at it (Adds WPP no comment)

London's FTSE 100 climbed on Wednesday, boosted by a series of positive earnings updates from companies, including Lloyds Banking Group and WPP, while investors awaited the outcome of the U.S. Federal Reserve's policy meeting.

WPP, the world's biggest advertising company, said its underlying net sales had returned to growth ahead of target after clients started to spend to prepare for the global economic recovery.

WPP said on Thursday it planned to make the world's largest advertising company reach net zero carbon emissions by 2025 by incorporating many of the virtual production solutions it has developed during the pandemic.

The world's biggest advertising company WPP said it would relaunch its buyback scheme immediately after its work to promote vaccines and help clients shift online helped get it through the worst of the pandemic.

WPP, the world's biggest advertising company, said it would relaunch its buyback scheme immediately after cost cuts and client wins under its new strategy helped it to post full-year results slightly better than forecast.

WPP, the world's biggest advertising firm, said on Tuesday it would restate its financial statements from 2017 to 2019 but its headline operating profit, debt and cash flow were not affected.

WPP, the world's biggest advertising company, said it will restate its financial statements for 2017, 2018 and 2019 as some aspects were not fully in line with the accounting requirements.

WPP, the world's biggest advertising company, expects business to recover in 2021 but needs first to get through what could be a difficult six months up to the end of the first quarter, Chief Executive Mark Read said on Friday.

WPP, the world's biggest advertising company, on Monday named former Baidu Inc president Ya-Qin Zhang as a non-executive director, adding technological heft as it grapples with rising competition from digital marketing.

WPP became one of the first major British companies to reinstate its dividend on Thursday, after cost cuts paid off and the world's biggest advertising company won work to help customers market new expanded e-commerce models.

The world's biggest advertising company WPP beat dire forecasts for second-quarter underlying net sales, declared an interim dividend and said it was on track for cost saving targets as it sought to weather the COVID pandemic.

London's FTSE 100 rose on Thursday as a slate of upbeat quarterly earnings reports bolstered optimism about a post-pandemic corporate rebound, with Unilever surging after reporting a much lower drop in sales than feared.

WPP, the world's biggest advertising company, said net sales fell 3.3% in the first quarter, with the impact of the COVID-19 pandemic dragging it down by 7.9% in March alone, prompting it to cut more costs.

The world's biggest advertising company WPP has pulled its dividend and share buyback and withdrawn its 2020 guidance after the coronavirus pandemic sparked the most uncertain time in its 35-year history.

WPP, the world's biggest advertising company, said it was pulling its dividend and share buyback, and withdrawing its guidance for 2020 after it saw an increasing volume of cancellations from clients. (Reporting by Kate Holton; editing by Guy Faulconbridge)

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:

WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the British owner of agencies including Ogilvy and Wunderman Thompson funds to cut debt and rebuild.

* Bain Capital's proposal is subject to negotiation - WPP (Adds context on PE deals)