v3.26.1
Business Combinations (Tables) - IPG
6 Months Ended
Jun. 30, 2026
Business Combination [Line Items]  
Purchase consideration The following table summarizes the purchase consideration:
Fair value of shares issued to IPG shareholders1
$8,891.2
Cash paid for fractional shares
$0.3
Fair value of equity awards2
$2.0
Total Consideration $8,893.5
1) The fair value of shares issued reflects the number of IPG shares outstanding at the Closing Date multiplied by the Exchange Ratio and Omnicom’s closing share price on the Closing Date.
2) Represents the fair value of director awards that were settled as part of the closing consideration through the issuance of shares and assumed stock option awards.
Preliminary Purchase Price Allocation
The following table summarizes the preliminary fair values of the tangible and identifiable assets acquired and liabilities assumed as of the Closing Date:
Cash and Cash equivalents $1,080.6Accounts payable $7,065.4
Accounts receivable 5,753.1Customer advances 715.8
Work in process 2,227.6Short-term debt 42.4
Assets held for sale 266.1Liabilities held for sale106.5
Other current Assets 566.8Other current liabilities1,696.7
Property and equipment 251.6Long-term liabilities 432.7
Operating lease right-of-use assets 598.9Long-term liability - operating leases 876.4
Equity Method Investments 32.1Long-term debt 2,764.9
Intangible assets 4,578.8Deferred tax liabilities, net1,093.6
Other Assets 705.5Non-controlling interests 211.7
Total Assets $16,061.1Redeemable non-controlling interest 8.4
Total Liabilities and Non-controlling interest $15,014.5
Fair value of net assets acquired$1,046.6
Goodwill 7,846.9
Total Consideration $8,893.5