Omnicom, Interpublic Group receive unconditional clearance from EC
Omnicom Group (OMC) and The Interpublic Group of Companies (IPG) announced that the European Commission has granted antitrust approval for Omnicom’s acquisition of IPG, marking the last regulatory clearance required to complete the transaction. The companies expect to close the transaction by the close of business on Wednesday, creating the world’s leading marketing and sales company, built for intelligent growth.
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- Omnicom Group: Hold Rating Amid Mixed Performance and Growth Concerns
- Omnicom price target lowered to $87 from $90 at BofA
- Omnicom Group Extends Merger Exchange Offer Deadline
- Hold Recommendation for Omnicom: Evaluating EPS Growth and Strategic Synergies Post-Merger
- Omnicom price target raised to $82 from $80 at Barclays
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