BRIEF-Publicis To Acquire LiveRamp To Accelerate Data Co-Creation For Smarter Agents
LiveRamp Holdings, Inc. RAMP | 0.00 |
May 17 (Reuters) - Publicis Groupe SA PUBP.PA:
PUBLICIS TO ACQUIRE LIVERAMP TO ACCELERATE DATA CO-CREATION FOR SMARTER AGENTS
PUBLICIS - TO BUY LIVERAMP FOR $2.167 BILLION ENTERPRISE VALUE AT $38.50 PER SHARE
PUBLICIS - LIVERAMP TO CONTINUE UNDER CEO SCOTT HOWE REPORTING TO PUBLICIS GROUPE CEO
PUBLICIS - ACQUISITION EXPECTED TO BE ACCRETIVE TO HEADLINE EPS FROM FIRST YEAR EXCLUDING DEAL COSTS
PUBLICIS - CONFIRMS 2026 GUIDANCE: 4%-5% NET REVENUE ORGANIC GROWTH AND €2.1 BILLION FREE CASHFLOW
PUBLICIS - TRANSACTION REPRESENTS A TOTAL EQUITY VALUE OF $2.546 BILLION AND INCLUDES ACQUIRED NET CASH OF $379 MILLION
PUBLICIS - TO ACQUIRE LIVERAMP FOR A TOTAL ENTERPRISE VALUE OF $2.167 BILLION IN AN ALL-CASH TRANSACTION, BASED ON ACQUISITION PRICE OF $38.50 PER SHARE
PUBLICIS - RAISING 2027 AND 2028 CONSTANT CURRENCY GROWTH OBJECTIVES TO +7% TO +8% FOR NET REVENUE AND +8% TO +10% FOR HEADLINE EPS
PUBLICIS - FOLLOWING ACQUISITION, LIVERAMP WILL CONTINUE TO BE LED BY CEO SCOTT HOWE, WHO WILL REPORT DIRECTLY TO PUBLICIS GROUPE CEO ARTHUR SADOUN
Source text: ID:nGNX1BXdbV
Further company coverage: PUBP.PA
