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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington
D.C., 20549
Form
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d)
of
the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): September 9, 2025
OMNICOM GROUP INC.
(Exact
name of registrant as specified in its charter)
| New York |
|
1-10551 |
|
13-1514814 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(I.R.S.
Employer
Identification No.) |
| 280 Park Avenue, New York, NY |
|
10017 |
|
(Address
of principal executive office) |
|
(Zip
Code) |
(212)
415-3600
(Registrant’s
telephone number, including area code)
Not
Applicable
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
| ☐ | Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Common Stock, par
value $0.15 per share |
|
OMC |
|
New York Stock Exchange |
| 0.800% Senior Notes
due 2027 |
|
OMC/27 |
|
New York Stock Exchange |
| 1.400% Senior Notes
due 2031 |
|
OMC/31 |
|
New York Stock Exchange |
| 3.700% Senior Notes
due 2032 |
|
OMC/32 |
|
New York Stock Exchange |
| 2.250% Senior Notes
due 2033 |
|
OMC/33 |
|
New York Stock Exchange |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
☐ Emerging
growth company
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any
new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
8.01 Other Events
On
September 9, 2025, Omnicom Group Inc. (“Omnicom”) and The Interpublic Group of Companies, Inc. (“IPG”) issued
a joint press release announcing that Omnicom extended the expiration date of its previously announced (a) offers to exchange (collectively,
the “Exchange Offers”) any and all outstanding (i) 4.650% Notes due 2028 (the “Existing IPG 2028 Notes”), (ii)
4.750% Notes due 2030 (the “Existing IPG 2030 Notes”), (iii) 2.400% Notes due 2031 (the “Existing IPG 2031 Notes”),
(iv) 5.375% Notes due 2033 (the “Existing IPG 2033 Notes”), (v) 3.375% Notes due 2041 (the “Existing IPG 2041 Notes”)
and (vi) 5.400% Notes due 2048 (the “Existing IPG 2048 Notes” and, together with the Existing IPG 2028 Notes, the Existing
IPG 2030 Notes, the Existing IPG 2031 Notes, the Existing IPG 2033 Notes and the Existing IPG 2041 Notes, collectively, the “Existing
IPG Notes”), each series as issued by IPG, for up to (1) $2.95 billion aggregate principal amount of new senior notes to be issued
by Omnicom and (2) cash; and (b) solicitations of consents (collectively, the “Consent Solicitations”), on behalf of IPG,
from eligible holders of the Existing IPG Notes to amend the applicable indenture governing the Existing IPG Notes (each an “Existing
IPG Indenture” and, collectively, the “Existing IPG Indentures”), to eliminate certain of the covenants, restrictive
provisions and events of default from such Existing IPG Indentures.
The
expiration date is extended from 5:00 p.m., New York City time, on September 9, 2025, to 5:00 p.m., New York City time, on September 30,
2025, as may be further extended (the “Expiration Date”).
The
Exchange Offers and the Consent Solicitations are being conducted in connection with Omnicom’s pending transaction to acquire IPG
contemplated by the Agreement and Plan of Merger, dated as of December 8, 2024 (such transaction, the “Merger”). To the extent
the completion of the Merger is not anticipated to occur on or before the Expiration Date, for any reason, Omnicom anticipates further
extending the Expiration Date until such time that the Merger has been completed. Any such extension of the Expiration Date will correspondingly
extend the settlement date. During any extension of the Expiration Date, all Existing IPG Notes not previously tendered (or validly withdrawn)
in an extended Exchange Offer will remain subject to such Exchange Offer and may be accepted for exchange by Omnicom.
A
copy of the joint press release announcing the extension of the Expiration Date of the Exchange Offers and Consent Solicitations is attached
hereto as Exhibit 99.1, and the information contained therein is incorporated herein by reference.
This
Form 8-K is not intended to and does not constitute an offer to sell or purchase, or the solicitation of an offer to sell or purchase,
or the solicitation of any vote of approval or the solicitation of tenders or consents with respect to any security. No offer, solicitation,
purchase or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration
or qualification under the securities laws of any such jurisdiction.
Cautionary
Statement Regarding Forward-Looking Statements
Certain
statements in this Current Report on Form 8-K (including the exhibits) contain forward-looking statements, including statements within
the meaning of the Private Securities Litigation Reform Act of 1995. In addition, from time to time, Omnicom or IPG or their representatives
have made, or may make, forward-looking statements, orally or in writing. These statements may discuss goals, intentions and expectations
as to future plans, trends, events, results of operations or financial condition, or otherwise, based on current beliefs of Omnicom’s
and IPG’s management as well as assumptions made by, and information currently available to, Omnicom’s and IPG’s management.
Forward-looking statements may be accompanied by words such as “aim,” “anticipate,” “believe,” “plan,”
“could,” “should,” “would,” “estimate,” “expect,” “forecast,”
“future,” “guidance,” “intend,” “may,” “will,” “possible,” “potential,”
“predict,” “project” or similar words, phrases or expressions. These forward-looking statements are subject to
various risks and uncertainties, many of which are outside Omnicom’s and IPG’s control. Therefore, you should not place undue
reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements
include:
| ● | risks
relating to the pending merger between Omnicom and IPG, including: that the merger may not
be completed in a timely manner or at all, which could result in the termination of the Exchange
Offers and Consent Solicitations; delays, unanticipated costs or restrictions resulting from
regulatory review of the merger, including the risk that Omnicom or IPG may be unable to
obtain governmental and regulatory approvals required for the merger, or that such approvals
may result in the imposition of conditions that could adversely affect the combined company
or the expected benefits of the merger; uncertainties associated with the merger may cause
a loss of both companies’ management personnel and other key employees, and cause disruptions
to both companies’ business relationships and a loss of clients; the merger agreement
subjects Omnicom and IPG to restrictions on business activities prior to the effective time
of the merger; Omnicom and IPG are expected to incur significant costs in connection with
the merger and integration; litigation risks relating to the merger; the business and operations
of both companies may not be integrated successfully in the expected time frame; the merger
may result in a loss of both companies’ clients, service providers, vendors, joint
venture participants and other business counterparties; and the combined company may fail
to realize all or some of the anticipated benefits of the merger or fail to effectively manage
its expanded operations; |
| ● | adverse
economic conditions and disruptions, including geopolitical events, international hostilities,
acts of terrorism, public health crises, inflation or stagflation, tariffs and other trade
barriers, central bank interest rate policies in countries that comprise Omnicom’s
and IPG’s major markets, labor and supply chain issues affecting the distribution of
clients’ products, or a disruption in the credit markets; |
| ● | international,
national or local economic conditions that could adversely affect Omnicom, IPG or their respective
clients; |
| ● | losses
on media purchases and production costs incurred on behalf of clients; |
| ● | reductions
in client spending, a slowdown in client payments or a deterioration or disruption in the
credit markets; |
| ● | the
ability to attract new clients and retain existing clients in the manner anticipated; |
| ● | changes
in client marketing and communications services requirements; |
| ● | failure
to manage potential conflicts of interest between or among clients; |
| ● | unanticipated
changes related to competitive factors in the marketing and communications services industries; |
| ● | unanticipated
changes to, or the ability to hire and retain key personnel; |
| ● | currency
exchange rate fluctuations; |
| ● | reliance
on information technology systems and risks related to cybersecurity incidents; |
| ● | effective
management of the risks, challenges and efficiencies presented by utilizing artificial intelligence
(AI) technologies and related partnerships; |
| ● | changes
in legislation or governmental regulations affecting Omnicom, IPG or their respective clients; |
| ● | risks
associated with assumptions made in connection with acquisitions, critical accounting estimates
and legal proceedings; |
| ● | risks
related to international operations, which are subject to the risks of currency repatriation
restrictions, social or political conditions and an evolving regulatory environment in high-growth
markets and developing countries; |
| ● | risks
related to environmental, social and governance goals and initiatives, including impacts
from regulators and other stakeholders, and the impact of factors outside of Omnicom’s
and IPG’s respective control on such goals and initiatives; |
| ● | the
outcome of the Exchange Offers and Consent Solicitations; and |
| ● | other
business, financial, operational and legal risks and uncertainties detailed from time to
time in Omnicom’s and IPG’s Securities and Exchange Commission (“SEC”)
filings. |
The
foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties
that may affect Omnicom’s and IPG’s businesses, including those described in Omnicom’s and IPG’s respective Annual
Reports on Form 10-K and in other documents filed from time to time with the SEC. Forward-looking statements are based on the estimates
and opinions of management at the time the statements are made. Except to the extent required by applicable law, neither Omnicom nor
IPG undertakes any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future
events or otherwise. You are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date
hereof.
Item
9.01 Financial Statements and Exhibits
(d)
Exhibits:
| Exhibit No. |
|
Description |
| 99.1 |
|
Press Release of Omnicom and IPG, dated September 9, 2025, related to the Exchange Offers and Consent Solicitations |
| 104 |
|
Cover Page Interactive Data File (embedded
within the Inline XBRL document) |
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
| |
OMNICOM
GROUP INC. |
| |
|
|
| Date: September 9, 2025 |
By: |
/s/ Louis F.
Januzzi |
| |
Name: |
Louis
F. Januzzi |
| |
Title: |
Senior Vice President, General
Counsel and Secretary |