A PYMNTS Company

US: Advertising giants earn one more merger blessing

 |  November 3, 2013

Major advertising conglomerates Publicis and Omnicom have received clearance for their proposed merger by US authorities Friday, adding yet another regulatory blessing for the deal.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    France-based Publicis and US-based Omnicom have received clearance for their combination by authorities within China, India, Turkey, South Africa and South Korea, say reports.

    The companies still have to earn clearance from 16 jurisdictions in 46 countries, however, as well as shareholder approval.

    Should clearance be granted, the companies could become the world’s largest marketing firm with a combined revenue of $23 billion, reports say.

    Full content: PR Week US

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.