Sherwin-Williams wins U.S. antitrust approval to buy Valspar: FTC
WASHINGTON Paint-maker Sherwin-Williams has won U.S. antitrust approval to buy U.S. rival Valspar Corp , the Federal Trade Commission said on Friday.
PARIS Omnicom Chief Executive John Wren said he did not expect the combined Publicis Omnicom Group to have to make major disposals as part of their merger.
"No significant divestitures" are planned, Wren said on a conference call on Monday.
Asked about mergers normally resulting in the loss of 8-10 percent of combined revenue due to client conflicts, Wren said: "We're not unrealistic about this, but if we have losses it'd probably be closer to 1 percent than what you suggested."
(Reporting by Sruthi Ramakrishnan; Editing by James Regan)
MUNICH German industrial gases group Linde's supervisory board is due to vote on a merger agreement with U.S. peer Praxair on June 1, two people close to the matter told Reuters on Friday.
Soft drink maker PepsiCo Inc is in talks to acquire All Market Inc, the owner of coconut water brand Vita Coco, whose celebrity investors include Madonna and Matthew McConaughey, people familiar with the matter said on Friday.