Omnicom to buy Brazil advertising group ABC, source says
November 20, 2015 at 18:21 PM EST
SAO PAULO, Nov 20 (Reuters) - Omnicom Group Inc, the world's second largest advertising company, has agreed to pay 1 billion reais ($270 million) for Brazil's Grupo ABC, growing Omnicom's publicity, branding services and content in Latin America's largest economy, a source with direct knowledge of the transaction said on Friday.