Publicis Groupe SA’s merger with Omnicom Group Inc. won’t just create the world’s largest advertising company: it will mean longtime rivals such as Coca- Cola Co. and PepsiCo Inc. are sharing the same firm.
Barry Diller agreed to pay $480,000 to settle a U.S. Federal Trade Commission complaint that he broke antitrust law by purchasing almost a million shares of Coca-Cola Co. without reporting the transactions.
Coca-Cola Co. will expand calorie labeling to the front of all packages and reiterated its pledge not to advertise to children under 12 anywhere as the world’s largest soft-drink maker fights criticism that it is contributing to obesity.
Google Inc. won’t hold its invitation-only party this year at the World Economic Forum gathering in Davos, Switzerland, depriving attendees of a soiree famous for the celebrities and political luminaries it lures.
Fraser and Neave Ltd.’s agreement to sell its stake in the Tiger beer business to Heineken NV may spark a breakup of the Singapore conglomerate as bidders pick over its property and soft drinks divisions.