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Publicis/Omnicom Approvals Faster Than Expected, Levy Tells CNBC 2014-01-08 07:46:47.702 GMT
By Gaurav Panchal Jan. 8 (Bloomberg) -- Publicis CEO Maurice Levy said the approval process for its proposed merger with Omnicom is progressing faster than expected, CNBC reports. * Levy doesn’t “see anything getting in the way” * Expect good news from EU, end of this week: Levy * Chinese regulators accepted next stage of proposed merger’s regulatory process: Levy * Link: www.cnbc.com/id/101317808 * NOTE: Jan. 9 is EU antitrust provisional deadline for deal * Dec. 17: EU Antitrust to Clear Omnicom/Publicis Without Conditions: Reuters {NSN MXYGPQ6TTDSM <go>} * July 29: Publicis, Omnicom to merge {NSN MQONVV6JIJUX <go>}
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To contact the reporter on this story: Gaurav Panchal in London at +44-20-7392-0511 or gpanchal2@bloomberg.net
To contact the editor responsible for this story: Brian Lysaght at +44-20-7330-7908 or blysaght@bloomberg.net