Over 90% shareholders approved proposed acquisition: Omnicom & Interpublic

Omnicom & Interpublic Group has announced that over 90% of stockholders in each company have approved

Omnicom’s proposed acquisition of Interpublic during their respective Special Meetings of Stockholders. Shareholders' approval marks an important milestone in the process of combining the holding agencies who expect to complete the transaction in the second half of 2025, subject to regulatory approvals and other customary conditions.

“We are very pleased to reach this important milestone. The strong support of our stockholders confirms the compelling value proposition of the transaction and the leading-edge services, products and platforms it will create for our people and clients,” said John Wren, Chairman and CEO, Omnicom, in a statement.

“With an overwhelming majority voting in favor of the transaction, it is clear that our stockholders see the immense opportunity of Interpublic joining forces with Omnicom,” reads the statement of Philippe Krakowsky, CEO, Interpublic.

Their approval reflects the tremendous potential we have to create one of the most dynamic, client-focused, and forward-leaning organizations in our industry that will deliver significant shareholder value for years to come,” Krakowsky added.

Interpublic shareholders will receive 0.344 Omnicom shares for each share of Interpublic common stock they own. Following the closing of the transaction, Omnicom shareholders will own 60.6% of the combined company and Interpublic shareholders will own 39.4%, on a fully diluted basis.

The final voting results for each company’s Special Meeting will be filed with the U.S. Securities and Exchange Commission, the companies stated