Latest Corporate News
Omnicom completes acquisition of IPG after regulatory hurdles
Omnicom’s proposed takeover of Interpublic Group (IPG) — initially challenged by US regulators — advanced after a revised cross-stack competition framework and received final approval from the European Commission late in the year, enabling a sweeping restructuring and planned job cuts to integrate data and media operations.
Warner Bros. Discovery sale draws multibillion-dollar bids and buyer jockeying
Warner Bros. Discovery officially explored sale options, attracting competing bids from Netflix and a $108.4bn hostile offer from Paramount Skydance; board resistance has prolonged the process and further talks with potential buyers including consortiums continued into year-end.
ByteDance reaches deal to restructure TikTok’s US operations with partners
ByteDance negotiated a binding agreement with Oracle, Silver Lake and MGX to create a separate joint venture for TikTok’s US business, a move intended to resolve regulatory uncertainty and keep operations in the US under a locally governed structure.
Publicis Media wins Kenvue’s global $1.3B media and creative account
Kenvue awarded global media and creative responsibilities — including Neutrogena — to Publicis Media in a review covering media, commerce and healthcare professional work; estimated measured media spend is about $1.35bn annually.
Arcadia stock tumbles after termination of Roosevelt deal; strategic review resumed
Arcadia’s shares dropped about 13% following termination of a planned Roosevelt transaction; management said it will evaluate strategic alternatives while highlighting the growth of its Zola brand and potential compensation from prior asset sales.