Dec 10, 07:11 AM

Vivendi Shareholders Approve Split; $MDLZ-Hershey Talks, $13.5B AJG Deal, $3.2B PTVE Deal

On December 9, 2024, shareholders of Vivendi overwhelmingly approved a restructuring plan that will split the company into four separate entities, with over 97% voting in favor. This decision comes amidst significant industry activity, including notable mergers among competitors. Mondelez International ($MDLZ) is reportedly in discussions to acquire Hershey ($HSY$), while Arthur J. Gallagher ($AJG) has announced a $13.5 billion insurance deal. Additionally, Interpublic Group ($IPG) and Omnicom Group ($OMC) are merging their advertising agencies, and Pactiv Evergreen ($PTVE) is involved in a $3.2 billion packaging deal. These developments highlight a busy period for mergers and acquisitions within the market, particularly as Vivendi's restructuring takes place.

#Vivendi #Mondelez International #Hershey #Interpublic Group #Omnicom Group #OMC #Pactiv Evergreen

Written with ChatGPT (GPT-4o mini).

Vivendi Shareholders Approve Split; $MDLZ-Hershey Talks, $13.5B AJG Deal, $3.2B PTVE Deal

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