Publicis Groupe closes acquisition of Epsilon for final figure of $3.95b
The deal, revealed in April, is the biggest ever for the French holding company.
The deal, revealed in April, is the biggest ever for the French holding company.
Law joined French holding company in April 2018 after 17 years at Interpublic’s R/GA.
Read was handed $1.9m bonus as COO last year, with first of three payments due next week.
Move also follows purchases in Germany, Denmark and Netherlands.
The holding company reported organic growth of 1.3% in the third quarter, but said the Publicis Health Solutions business dragged down its growth.
Weight Watchers is changing its name to WW and adopting a new tagline, “Wellness that works”, as it responds to changing views on healthy lifestyles.
Despite some other positive indicators, Twitter’s share price fell 14% as the platform revealed a dip in its monthly active users in its second quarter results, compared to the previous quarter.
Some Twitter accounts could lose millions of followers when the social platform purges large numbers of “locked” accounts this week.
Investor pressure is likely to force WPP into selling Kantar, possibly along with other assets – which could open opportunities for Sir Martin Sorrell’s new vehicle S4 Capital.
Roberto Quarta faces a potential shareholder revolt at next month’s AGM after advisory group Glass Lewis recommended that shareholders vote against his re-election.