
Publicis to acquire LiveRamp to boost data capability

Publicis Groupe SA has agreed to buy United States data collaboration company LiveRamp Holdings Inc for an enterprise value of about US$2.2 billion (A$3.08 billion). The global advertising, public relations and technology communications company will pay $38.50 in cash per share, representing a 29.8% premium to LiveRamp’s closing share price on 15 May. Publicis said the acquisition expanded its investment in technology, data and artificial intelligence (AI)-services to unlock new opportunities for the agentic era and would make it a leader in data co-creation. The French-based company also raised its forecasts for the 2027-28 financial year, with net revenue to rise 7-8%, compared to 6-7% previously, and headline earnings per share to increase 8-10%, versus 7-9%, as the deal increased its expandable market. "LiveRamp joining Publicis Groupe is the latest demonstration of our commitment to investing in new talent and innovation, ahead of market shifts,” Publicis Chairman and Chief Executive Officer (CEO) Arthur Sadoun said in a media release. LiveRamp CEO Scott Howe said this deal represented the best path forward for shareholders by delivering significant and certain cash value at a compelling premium. “We are thr







