Omnicom Group Stock Drops 8% On Approving Acquisition Deal With Interpublic Group

Omnicom Group

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Kaufen / Verkaufen

(RTTNews) - Shares of Omnicom Group Inc. (OMC) fell over 8 percent on Monday after announcement of a deal, approving acquisition of The Interpublic Group of Companies, Inc. (IPG) in a stock-for-stock transaction.

Currently, Omnicom's stock is moving down 8.22 percent, to $94.92 over the previous close of $103.42 on the New York Stock Exchange.

Under the terms of the transaction, expected to close in the second half of 2025, Interpublic shareholders will receive 0.344 Omnicom shares for each share of Interpublic common stock they own.

Following the close of the transaction, Omnicom shareholders will own 60.6 percent of the combined company and Interpublic shareholders will own 39.4 percent, on a fully diluted basis.

The transaction is expected to generate annual cost synergies of $750 million and be accretive to adjusted earnings per share for both Omnicom and Interpublic shareholders.