Delshad Irani – Page 15

Blockbuster Ad Deal: Omnicom’s takeover of IPG to reset global order

Omnicom Group is set to acquire Interpublic Group, in a deal that creates the world’s largest agency group. But what really is the big deal?

Omnicom to take over Interpublic Group; John Wren to continue as CEO and chairman

John Wren (left) will remain Chairman and CEO of Omnicom. Phil Angelastro will remain EVP & CFO of Omnicom. Philippe Krakowsky (pictured on right) and Daryl Simm will serve as Co-Presidents and COOs of Omnicom.

The combined company will retain the Omnicom name, with Omnicom Group CEO John Wren at the helm. The deal will create an advertising giant with combined annual revenue of almost $26 billion.

Omnicom set to announce IPG acquisition; John Wren to be CEO of combined entity

Omnicom-IPG Deal

The blockbuster merger set to shake-up the ad industry world order is imminent, as per reports, with Omnicom Group ready to announce its acquisition of Interpublic.

IPG sells digital company Huge to private equity firm AEA Investors

IPG is also in advanced merger talks with rival Omnicom that could see the latter acquire IPG in an all-stock deal.

Ad giants Omnicom and IPG in advanced merger talks: Report

Omnicom-IPG Deal

Omnicom had attempted to merge with Publicis in 2013.

Hindustan Unilever pays Rs 192.55 crore in tax demand dispute

HUL's revenue from the operation has jumped to Rs 15,195 crore in Q3 FY25

HUL settled 20% of a total outstanding demand of Rs 962.75 crore in the tax dispute issue linked to the acquisition of intellectual property rights for India HFD from entities within the GSK Group.

Mahindra Auto sells 46,222 SUVs, reporting a 16% growth in November 2024

Mahindra’s go to market for Electric Origin SUVs will start in a phased manner in the later part of January 2025. Deliveries will commence towards the end of February or early March 2025.

Hyundai sales dip 7% in November 2024

Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL said, “HMIL’s push towards fortifying SUV supremacy continued in November with SUVs contributing 68.8% of our total Domestic sales.”

HUL records 19 brands above Rs 1000 cr; Surf Excel to cross Rs 10,000 crore in turnover by FY25

HUL is leveraging strategic partnerships with washing machine manufacturers and employing channel-specific innovations across Modern Trade, General Trade, and E-commerce to accelerate adoption and further expand market share.

HUL’s digital media contribution has tripled in the last four years to 40% of its total ad spends.

ZEEL AGM: Shareholders reject proposal to reappoint Punit Goenka as director

In his personal capacity, Punit Goenka, through his wife and son, bought ZEEL’s shares.

The proposal for reappointment of Punit Goenka as Director at Zee was defeated by a 50.4 percent- 49.5 percent vote.