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Omnicom-Publicis £21.5bn merger on track for approval

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The Omnicom-Publicis merger is set to gain EU regulatory approval, reports have suggested.

Reuters has reported sources claiming that that the $35.1bn (£21.5bn) merger, which must be approved by the EU competition authority by 9 January, will be cleared "unconditionally".

The merger would create the world's biggest advertising agency, with the United States, South Korea, Canada, India, Turkey and South Africa already giving approval for the deal.

This article was first published on prweek.com


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