Omnicom-Publicis merger on track for approval by EU

The Omnicom-Publicis merger is set to gain European Union regulatory approval, reports have suggested.

PARIS: The Omnicom-Publicis merger is set to gain European Union regulatory approval, reports have suggested.

Reuters has reported that the $35.1 billion merger, which must be approved by the EU competition authority by January 9, will be cleared “unconditionally.”

The merger would create the world's biggest advertising and marketing services holding company. The US, South Korea, Canada, India, Turkey, and South Africa have already given their approval of the deal.

This story originally appeared on the website of PRWeek UK.

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