Omnicom Group (OMC) Sells ICON Unit
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Omnicom Group Announces Divestiture of ICON International
June 11, 2021 1:00 PM EDTNEW YORK, June 11, 2021 /PRNewswire/ -- Omnicom Media Group, a subsidiary of Omnicom Group (NYSE: OMC), today announced the sale of ICON International, a specialty media company, to ICON's management team. The sale of ICON is part of Omnicom's continuing realignment of its portfolio of businesses and is consistent with its strategic plan and investment priorities.Â
Commenting on the disposition, John Wren, Omnicom's Chairman & CEO said, "I want to thank the management team and employees of ICON for their years of commitment to Omnicom and wish them continued... More
