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.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OMC:
- 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
