Sorrell’s S4 Capital Receives Merger Approaches, Sky Says

S4 Capital Plc, the media group founded by British businessman Martin Sorrell, has received approaches from suitors in recent weeks over a potential tie-up, Sky News reported Saturday.

One such overture came from US buyout group One Equity Partners, owner of marketing group MSQ Partners, according to Sky News, which didn’t say how it had obtained the information. It was unclear if S4 Capital would remain listed on the London Stock Exchange under a proposed tie-up.