Post by account_disabled on Jan 1, 2024 4:58:42 GMT
Is the French advertising holding company Publicis Groupe for sale ? At the moment it is just a mere speculation, but Campaign speculates on this possibility based on an unspecified source that reports on the alleged conversations between senior managers of the group led by Arthur Sadoun and representatives of a venture capital company based in Europe. Such conversations would have taken place in Paris during the month of December , although there is no official confirmation in this regard, since Publicis Groupe has declined to comment on the information provided by Campaign . According to Campaign , the meetings between one party and the other would not have taken place officially and would not have reached the status of negotiations at any time.
The company with which Publicis Groupe would have held talks in recent weeks would be CVC Capital Partners , a venture capital firm based in Luxembourg. With a market value of €10.5 billion, Publicis Groupe Phone Number List boasts of being the world's third-largest advertising holding company behind Omnicom and WPP . The French group, led until 2017 by Maurice Lévy and currently by Arthur Sadoun, already wanted to join forces with its rival Omnicom back in 2013 , but their vaunted "marriage" ultimately did not prosper. It seems unlikely that Publicis Groupe will end up in the hands of a venture capital company soon. That Publicis is now exploring a possible transaction with a venture capital company seems unlikely in the eyes of many experts.
The one hand, a company with these characteristics would soon have little or no interest in Publicis Groupe's entire portfolio and its attention would be focused first and foremost on its digital and media business. Even so, it would not be the first time that a venture capital company keeps only one part of a company's business and divests itself of the rest. On the other hand, and this could be the definitive obstacle today, the price of Publicis Groupe shares has recovered significantly and is currently around 45 euros. In the spring of 2020, the holding's securities cost approximately half as much and in October their value was barely 30 euros. In this sense, a possible acquisition of Publicis Groupe would now be substantially more onerous than a few months ago. Most of Publics Gruope's shares are spread across the hands of multiple owners.
The company with which Publicis Groupe would have held talks in recent weeks would be CVC Capital Partners , a venture capital firm based in Luxembourg. With a market value of €10.5 billion, Publicis Groupe Phone Number List boasts of being the world's third-largest advertising holding company behind Omnicom and WPP . The French group, led until 2017 by Maurice Lévy and currently by Arthur Sadoun, already wanted to join forces with its rival Omnicom back in 2013 , but their vaunted "marriage" ultimately did not prosper. It seems unlikely that Publicis Groupe will end up in the hands of a venture capital company soon. That Publicis is now exploring a possible transaction with a venture capital company seems unlikely in the eyes of many experts.
The one hand, a company with these characteristics would soon have little or no interest in Publicis Groupe's entire portfolio and its attention would be focused first and foremost on its digital and media business. Even so, it would not be the first time that a venture capital company keeps only one part of a company's business and divests itself of the rest. On the other hand, and this could be the definitive obstacle today, the price of Publicis Groupe shares has recovered significantly and is currently around 45 euros. In the spring of 2020, the holding's securities cost approximately half as much and in October their value was barely 30 euros. In this sense, a possible acquisition of Publicis Groupe would now be substantially more onerous than a few months ago. Most of Publics Gruope's shares are spread across the hands of multiple owners.