Omnicom-Publicis merger approved in Korea, India

A merger in the advertising world that would create the industry’s largest communications group has been granted regulatory approval in Korea and India and three other countries.

When the proposed merger was announced in July, there were concerns as to whether the two companies would be allowed to join forces in some countries because a combined entity might stifle competition.

On Omnicom’s website, the company said that a pre-merger waiting period had now expired.

The company wrote:

The expiration of the HSR review period in the U.S. and the approvals received in other jurisdictions satisfy some of the conditions necessary for the transaction to close.  The merger is also subject to additional global regulatory approvals and approval by shareholders of both companies.


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