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PepsiCo selects Publicis to manage its global media account

PepsiCo said it picked Publicis Groupe to handle its global media business. The decision lifted shares in Publicis and dealt a blow to ad rival Omnicom Group, with Publicis set to withdraw from a Coca-Cola process.

PUBPEP

By Adria CalatayudPepsiCo said it picked Publicis Groupe to handle its global media business, in a move that lifted shares in the French company and dealt a blow to advertising rival Omnicom Group.Publicis will withdraw from a separate process for Coca-Cola's international media business as a resul…