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Omnicom's PR unit showed a healthy 16 percent surge in Q2 revenues to $346M.
The unit, which includes such firms as FleishmanHillard, Porter Novelli, Ketchum, Mercury, Cone, Portland and Marina Maher, accounted for 9.7 percent of Omnicom’s total revenue of $3.6B for the quarter.
That overall number represents a 27.5 percent jump from the $2.8B in revenues the company recorded in the same period last year.
For the first half, the PR unit registered a 5.3 percent hike in revenues.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Intelligent Group Ltd, a Hong Kong-based financial PR firm, has priced its initial public offering of 1.9M shares at $4, which is the low end of the $4 to $5 range.
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