Interpublic was reportedly approached about its interest in selling its global creative agency network MullenLowe.  

But according to a report by Campaign, the holding company has no interest in selling the network and turned down the offer.  

The publication indicated that the offer came from a Russian agency executive who previously served at a long-time joint venture partner of the holding company in Russia. IPG pulled out of the operation shortly after the Russia’s invasion of Ukraine. 

Word of MullenLowe approach surfaced within days of a Wall Street Journal report that IPG is interested in selling its pioneering digital agency and design consultant R/GA and that Tata Consulting Services may be the buyer. 

IPG doesn’t comment on what it calls rumors or speculation about it in the press.