"No significant divestitures" are planned, Wren said on a conference call on Monday.

Asked about mergers normally resulting in the loss of 8-10 percent of combined revenue due to client conflicts, Wren said: "We're not unrealistic about this, but if we have losses it'd probably be closer to 1 percent than what you suggested."

(Reporting by Sruthi Ramakrishnan; Editing by James Regan)

Stocks treated in this article : PUBLICIS GROUPE, Omnicom Group Inc.