Equally important, our two companies are not only highly complementary in offerings, and across our geographic presence, we also share core values and culture. Together, I know we can write an exciting new chapter that moves the entire industry forward.

What Happens Next

While the announcement of the agreement is taking place today, the transaction isn’t expected to close until the second half of 2025. It is subject to Interpublic and Omnicom shareholder approvals, required regulatory approvals, and other customary conditions. With that in mind, there won’t be any immediate changes to our day-to-day and we all need to remain focused on continuing to deliver great results for our clients and supporting each other. We will keep you regularly updated as we work alongside Omnicom on our integration plans over the coming months.

I know each of you will have questions about your role as we become a part of the Omnicom organization next year. Know that our focus will be to care for our people, and we will be in continual contact on this front as our plans progress. We are joining a group of highly awarded agencies, top clients, and outstanding new offerings, which together provide opportunities for career growth on an expanded canvas.

What is more, I’ll stay closely involved going forward, co-chairing the committee that will oversee the integration of our two organizations, serving as co-president and COO of Omnicom after the combination, and joining two other current IPG board members on Omnicom’s board of directors.

Positioning Ourselves for the Future

Ultimately, becoming a part of Omnicom will enable us to continue to invest in and prepare for a future where the pace of change is relentless. Together, our new company will have breathtaking talent, reach, capabilities, and geographic presence, as well as a uniquely powerful set of platform services, positioning us for long-term success.

You can find additional details regarding the transaction in our joint press release and accompanying presentation.

With thanks,
Philippe

Keep up with ADWEEK’s coverage of the Omnicom-IPG takeover here.