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Omnicom's Interpublic deal attracts regulatory scrutiny in New Zealand

( March 4, 2025, 02:24 GMT | Official Statement) -- MLex Summary: Omnicom Group’s $13.25 billion all-stock acquisition of Interpublic Group of Companies faces a public review by New Zealand’s mergers watchdog. In a statement, the New Zealand Commerce Commission said it would review the global deal and the clearance application would soon be publicly available on its website. New York-based Omnicom provides a range of marketing and communications services in New Zealand through brands including PHD Media, OMD Worldwide, BBDO Worldwide and Hearts & Science. Delaware-based Interpublic also provides these services in New Zealand through brands Foote, Cone & Belding, Initiative, Mediahub Worldwide and UM.The full statement from the New Zealand Commerce Commission follows: ...

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