Omnicom Starts Exchange Offers for Interpublic Notes, UK Clears Omnicom's $13.25 Billion Deal to Buy Interpublic

Omnicom has started exchange offers for Interpublic notes. The UK competition regulator has cleared Omnicom's $13.25 billion deal to buy Interpublic. Ad firm Interpublic reported resilient client spending and beat quarterly estimates. Omnicom and Interpublic merger was approved by Australian regulators.

Omnicom Group Inc. (NYSE: OMC) has initiated exchange offers for up to $2.95 billion in outstanding notes issued by The Interpublic Group of Companies, Inc. (NYSE: IPG), as part of its pending acquisition of IPG announced in December 2024. The exchange offers target six series of IPG notes with maturities ranging from 2028 to 2048. Eligible holders who tender their notes by August 22 will receive new Omnicom notes with identical interest rates, maturity dates, and payment schedules, plus cash consideration [4].

The UK competition regulator has cleared Omnicom's $13.25 billion deal to buy Interpublic, indicating that the merger will not proceed to a more in-depth phase 2 probe [2]. This approval is a significant milestone, as it removes a key regulatory hurdle and brings the companies one step closer to finalizing the merger. The deal is expected to close in the second half of the year, creating the world's largest advertising agency [2].

Ad firm Interpublic reported resilient client spending and beat quarterly estimates, signaling strong performance in the face of market challenges. The company declared a quarterly dividend of $0.33 per share, payable on September 16, 2025, to shareholders of record as of September 2, 2025 [3]. Additionally, Interpublic Group has announced a strategic partnership with AI technology company Aaru to incorporate predictive simulations for human behavior into its marketing services [3].

The merger has also received approval from Australian regulators, further solidifying the deal's global prospects. The Australia Competition & Consumer Commission has granted clearance for the pending acquisition of Interpublic by Omnicom Group [3].

The exchange offers are contingent upon several conditions, including the completion of the merger between Omnicom and IPG, which still requires regulatory approvals and other customary closing conditions. Eligible holders include qualified institutional buyers under Rule 144A of the Securities Act and non-U.S. persons outside the United States under Regulation S [4].

References:
[1] https://seekingalpha.com/news/4479772-omnicom-purchase-of-interpublic-approved-by-uk-antitrust-regulator
[2] https://www.marketscreener.com/news/uk-s-competition-watchdog-clears-omnicom-s-13-25-billion-deal-to-buy-interpublic-ce7c5ed9df8cf62d
[3] https://www.marketscreener.com/news/omnicom-starts-exchange-offers-for-interpublic-notes-ce7c5ed2d188f12c
[4] https://www.investing.com/news/company-news/omnicom-commences-exchange-offers-for-interpublic-notes-amid-merger-93CH-4182937