UM lands $23m AGL media account
UM has won the $23m media account for energy company AGL from incumbent agency McCann.
McCann won the AGL energy account in 2015 from Group M’s media agency Maxus.

UM has won the $23m media account for energy company AGL from incumbent agency McCann.
McCann won the AGL energy account in 2015 from Group M’s media agency Maxus.

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So McCann gave it to Universal McCann, just transferred it within the same group.
Not sure you’re up to speed but McCann and UM are completely separate now.
You’re correct that they’re both under the same holdings company – but so are Wavemaker and Ogilvy. This is definitely not just a ‘transfer’.