Core Viewpoint - Omnicom Group Inc. is progressing with its acquisition of The Interpublic Group of Companies, Inc., with regulatory approvals nearly complete, and the transaction is expected to close by December 31, 2025 [1][14]. Regulatory Approval Process - The acquisition has received regulatory approval in all required jurisdictions except for Mexico and the European Union [1]. - The companies anticipate completing the transaction within the current year [14]. Exchange Offers and Consent Solicitations - Omnicom has extended the expiration date for its exchange offers and consent solicitations for IPG's outstanding notes from September 30, 2025, to October 31, 2025 [2][8]. - The exchange offers involve up to $2,950 million aggregate principal amount of new senior notes to be issued by Omnicom [10]. Financial Details - As of September 29, 2025, significant amounts of existing IPG notes have been tendered, with percentages of tendered amounts ranging from approximately 89.92% to 98.77% across various series [12]. - The proposed amendments to the existing IPG indentures will become operative upon the settlement date for the exchange offers, subject to the completion of the merger [10][13]. Company Profiles - Omnicom is a leading provider of marketing and sales solutions, offering services in advertising, media planning, precision marketing, and more to over 5,000 clients globally [3]. - IPG is a creatively driven provider of marketing solutions, housing well-known brands and specializing in various marketing services [4].
Omnicom and Interpublic Announce Regulatory Update and Extension of Exchange Offers