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Omnicom (NYSE:OMC) and Interpublic (NYSE:IPG) today announced the Australia Competition and Consumer Commission (ACCC) has granted clearance for Omnicom's pending acquisition of Interpublic.
The ACCC approval brings the total number of antitrust approvals to 14 out of the 18 required for closing. The companies remain firmly on track to complete the transaction in the second half of 2025.
The proposed merger of Omnicom and Interpublic will reimagine the marketing industry, ushering in a bold new era of growth for its people, delivering superior outcomes for clients, and generating significant long-term value for shareholders.
