Omnicom to Finalize $13.5 Billion IPG Acquisition by November

Omnicom is moving closer to completing its massive US$13.5 billion acquisition of Interpublic Group (IPG), a deal expected to close by late November pending final EU regulatory approval. Once finalized, the merger will create the world’s largest advertising holding company, surpassing industry giants like Publicis Groupe and WPP. The combined company is projected to generate more than US$20 billion in annual net revenues. Read more @ mediabites.com.pk/omnicom-ipg-acquisition