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Austereo's merger green light fails to impress market as Ive Group's run up Unmade Index continues
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Austereo's merger green light fails to impress market as Ive Group's run up Unmade Index continues
News that the Seven West Media – Southern Cross Austereo merger had cleared another hurdle failed to move the market today, with SWM shares losing 2.1% and SCA losing 1.7%.The combined market capitalisation of the two stocks currently sits at $414.3m – just below the $417m they were together worth when the deal was announced […]
The merger between Omnicom and Interpublic Group (IPG) is progressing discreetly but generating excitement throughout the industry. The deal, valued at over $13 billion, will create the world's largest advertising holding company. However, its size raises a key question: which creative networks will retain their identity and which will disappear along the way?
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