Will Publicis Groupe keep exploring M&A or does it need to focus on what it’s already got?

February 02, 2026
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With the race for the hegemony of adland in full gear, murmurs are emerging that Publicis may pursue acquisitions to maintain its perceptual lead over its U.S. rivals, with separate sources indicating that ad tech or other acquisitions may be on the agenda.

The French holding company is set to issue its full-year earnings for 2025 on Feb. 3 — its first since the Omnicom/IPG deal received the green light. On the same day, Omnicom will reveal its final 2025 results.

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Will Publicis Groupe keep exploring M&A or does it need to focus on what it's already got?

Sources hint at potentially buying ad tech assets, with data onbarding firm LiveRamp heavily linked to a deal. But it may choose to concentrate on what it’s already bought.

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Written by Jim Cooper and Sara Jerde

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