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Omnicom agrees to buy Interpublic in deal to create world’s biggest agency group

Agencies hail their 'complementary' assets and cultures.

John Wren (left) Chairman and CEO of Omnicom Group and Philippe Krakowsky, chief executive of Interpublic.

Omnicom has agreed a deal to acquire Interpublic to create the world’s biggest agency group, the two companies have formally announced to the US stock market.
The two agency groups said their respective boards of directors had unanimously approved the all-stock transaction and hailed their “complementary” assets and cultures in a joint statement.
They said the combined group will create the “premier marketing and sales company” in the world, with well over 100,000 staff.
The two groups had comb


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