F.Y.I.

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WPP Group has conditionally agreed to buy a 37% stake in Batey Holdings, the holding company that owns 80% of Singapore-based Batey Ads, for up to $50 million depending on financial performance.

Kimberly-Clark Corp. will cut 5,000 jobs and close, sell or downsize 18 plants in a major restructuring aimed to reduce operating costs by $200 million annually by 2000.

Chase Manhattan Corp. has assigned a special wholesale banking project to McCann-Erickson Worldwide, San Francisco.

Bristol-Myers Squibb Co. to Kaplan Thaler Group, New York, for $40 million launch of its Daily Defense haircare line.

California Department of Health Services has issued a request for proposals for its new MediCal Healthy Family Education & Outreach Campaign, with advertising amounting to about $16 million per year for the 41-month program.

Richard Newman, exec VP of Bates USA, received the Advertising Council's G.D. Crain Award for volunteerism.

James Kilts, 49, to chairman-CEO, Nabisco Holdings Corp., Parsippany, N.J., from exec VP-worldwide foods at Kraft Foods, Northbrook, Ill., succeeding John Greeniaus, 52, who is leaving Jan. 1 for health reasons.

Copyright November 1997, Crain Communications Inc.

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