Omnicom Group shook up the advertising world in December by announcing its plan to buy rival Interpublic Group of Cos. in a deal that would create the world’s largest agency holding company.
The pending deal, expected to close in the second half of 2025, would combine two companies with a total revenue of $25.6 billion in 2023, surpassing WPP’s $18.5 billion. The all-stock deal is expected to generate $750 million in annual cost synergies, which means layoffs are likely. For now, the proposed entity would bring together more than 100,000 employees.
From key executives to watch to industry reactions, we’ve got you covered on everything you need to know about the proposed acquisition:
- How the deal came together—key events and negotiations
- Inside IPG CEO Krakowsky’s $49 million golden parachute
- What the proposed merger means for the industry
- How it will affect the media marketplace
- What the deal means for clients
- Key executives to watch
- 8 potential client conflicts
- WPP’s Mark Read reacts to the deal
- Publicis’ Sadoun says deal should be “positive” for the industry
- Indie agencies react to the deal
- More reactions to the deal
- How the deal hinges on data and automation
- And special to All Access subscribers: Ad Age’s Director of Analytics Bradley Johnson on how a combined Omnicom-IPG would stack up against the ad industry.
This page will be updated regularly.