$3 Bil. J&J Pitch: Carat Is 4th Finalist

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NEW YORK Aegis Group’s Carat has emerged as a fourth finalist in Johnson & Johnson’s estimated $3 billion global media review, according to sources.

The shop is pursuing the European and Asian portions of the business and is not contending for the domestic work, per sources.

The other finalists include Omnicom’s OMD, which is pitching the entire global account, and Interpublic media shops Universal McCann and Initiative. The latter two are coordinating their efforts, with UM, J&J’s North American incumbent, seeking to defend that assignment, while Initiative is pursuing non-U.S.



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