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Omnicom, the owner of agencies such as BBDO and TBWA, is the latest agency network to pull out of Russia—having disposed of its investments in the country after its invasion of Ukraine.
Following WPP, Accenture, IPG, Dentsu and Publicis, Omnicom announced in a statement that it was “working with local partners to dispose of all our investment positions.”
The statement continued: “We have been planning an orderly process to ensure continuity of services for clients and to provide a future for our Russian colleagues—some who have been with Omnicom for decades.
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