Posts tagged: Omnicom

Deals, Deals, Deals ... in a bear market - Part 59

Monday, 30 October 2023, 9:07 am

This week's round of dealmaking in the UK kicks off with Ascential's £1.4 billion sale of two bits of the group to marketing giant Omnicom and Apax.

This morning Ascential, the FTSE 250-listed business information and events group, announced a deal to sell its Digital Commerce unit to Omnicom for £741 million and also the sale of its product design unit (called WGSN) to buy out house Apax for £700 million...

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