Omnicom-IPG merger regulatory approval continues, closing expected by year-end

NEW YORK - Omnicom Group Inc. (NYSE:OMC) and The Interpublic Group of Companies, Inc. (NYSE:IPG), a $10.28 billion market cap advertising giant with a GOOD financial health rating according to InvestingPro, announced Tuesday that regulatory approval for Omnicom’s acquisition of IPG has been completed in all required jurisdictions except Mexico and the European Union.

The companies maintain their expectation that the transaction will close by December 31, 2025, according to a press release statement. IPG currently operates with a moderate level of debt and maintains a solid 4.87% dividend yield, having consistently paid dividends for 15 consecutive years.

Omnicom has extended the expiration date of its previously announced exchange offers and consent solicitations for IPG’s outstanding notes from September 30 to October 31, 2025.

As of September 29, approximately 93.52% of IPG’s outstanding notes across six different series had been validly tendered. Omnicom had previously received sufficient consents to amend the respective IPG indentures on August 22, 2025, when IPG executed a supplemental indenture to eliminate certain covenants, restrictive provisions, and events of default.

These amendments will become operative only upon settlement of the exchange offers and consent solicitations, which is expected within two business days after the expiration date, subject to satisfaction of certain conditions including completion of the merger.

The settlement date may be extended if the merger completion is not anticipated to occur on or before the expiration date. Following the execution of the supplemental indenture, consents delivered in the solicitations can no longer be revoked.

The exchange offers involve up to $2.95 billion aggregate principal amount of IPG’s outstanding notes, which would be exchanged for new senior notes issued by Omnicom and cash.

In other recent news, Omnicom Group Inc. has extended the expiration date for its exchange offers of Interpublic Group of Companies’ notes to September 30, 2025. This extension is part of Omnicom’s ongoing efforts related to its pending acquisition of Interpublic, a $13.25 billion merger that has recently cleared a significant regulatory hurdle in the UK. The merger, announced in December 2024, aims to create the world’s largest advertising agency once completed. As part of this process, Omnicom launched exchange offers for up to $2.95 billion in outstanding notes issued by Interpublic, with eligible holders receiving new Omnicom notes and cash consideration. In addition to these developments, Interpublic Group announced a strategic partnership with AI firm Aaru to enhance its marketing services through predictive simulations. Furthermore, Interpublic declared a quarterly dividend of $0.33 per share, payable on September 16, 2025, to shareholders of record as of September 2, 2025. These moves are part of a series of recent strategic actions by both companies.

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