Actually they weren’t but that was what Omnicom’s John Wren and Publicis boss Maurice Levy intended in 2013, described here by Stuart Smith. As merger rumours go, this one didn’t come much better. Omnipub. Or more probably Publicom. But let’s ...
Read More »Omnicom cuts back as it unloads under-performers in Q1
We’ve noted before that the big marcoms companies, unlike their peers in other industries, just seem to get bigger, greedily snapping up any more-or-less related business assiduously. The pattern still holds, with both WPP and Dentsu acquiring half a dozen ...
Read More »Omnicom’s Wren takes (modest) pay cut as WPP’s Sorrell stays on top of the pay pile
Omnicom CEO John Wren (below) took a pay cut last year, only $500,000 admittedly with his total ‘compensation’ dropping to $23.6m (£14.2m). His base salary is $1m, with the rest coming more or less equally from performance-related pay and stock ...
Read More »Omnicom buys Brazil’s Grupo ABC as it ramps up acquisition plans
Omnicom has signalled a more aggressive acquisition policy and kicked things off by buying Grupo ABC, reportedly the biggest independent agency in Brazil with some other offices scattered around the world. Grupo ABC was founded in 2002 by Nizan Guanaes ...
Read More »Omnicom’s Wren sees pay rise by a third to $24m
Omnicom had a pretty good year in 2014, escaping from the mooted $35bn merger with Publciis Groupe in rather better order than Publicis did and growing revenue by 5.7 per cent and net income by 11 per cent. The shares ...
Read More »Post-merger blues may prompt changes at Omnicom
The sighs of relief in Omnicom-owned agencies were loud when the merger with Publicis Groupe was called off (as, no doubt, they were in the PG equivalents). Not so, of course, at the two companies’ respective HQs. But it might ...
Read More »It’s official – Omnicom/Publicis merger is off
Omnicom and Publicis Groupe have called off their mega-merger, which would have created a $35bn marcoms supergroup. The two have released the following statement: PUBLICIS AND OMNICOM AGREE TO TERMINATE PROPOSED MERGER OF EQUALS Publicis Groupe S.A. (Euronext Paris: PUB) ...
Read More »Will UK tax problems foil Omnicom/Publicis merger?
We’ve all been assuming that the Omnicom/Publicis merger will sail through, eventually, once the pesky Chinese regulators (who held up the Dentsu/Aegis deal) finally say OK. Alas this isn’t the only problem for Omnicom boss John Wren (left) and French ...
Read More »China merger delay grates on Omnicom/Publicis nerves
When Omnicom and Publicis Groupe announced their intention to merge in the summer it was thought that the combined group’s share of media buying (in some parts of the Americas it will reach over 40 per cent) would be the ...
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