Adshel bidding contest to continue following APN Outdoor’s $540 million offer says HT&E
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Fri, Jun 22, 2018 at 4:53 PM
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Strategic rationale: Adshel’s FY18 pro forma EBITDA is estimated in the range of $48 million to $50 million, implying an EV/EBITDA multiple of around 11 without taking into account cost synergies, expected to be in excess of $15 million per annum. The acquisition would be high-single-digit EPS accretive for APN. One-off integration costs would amount to $12 million. […]
While APN Outdoor is itself the subject of a takeover offer from JCDecaux, APN Outdoor is continuing with its bid for street furniture specialist Adshel. • APN Outdoor CEO James Warburton on Adshel bid and growth plans APN Outdoor has submitted a revised proposal to acquire 100% of the Adshel businesses in Australia and New Zealand, from HT&E. […]
The bidding war across Australia’s out-of-home supplier market continues, with APN Outdoor Group today upping its bid for rival player, Adshel, to $540 million. […]
APN Outdoor has raised its final bid for Here, There & Everywhere's Adshel to $540 million as it fends off a $1.1 billion proposal from French giant JCDecaux. […]
oOh!media had upped the ante and submitted a $550 million all-cash offer for Here, There & Everywhere's out-of-home advertising business Adshel on Friday night. oOh!media's original offer had been pegged at $470 million. HT&E's advisors CSLA and Credit Suisse will be working in overdrive pouring over the bid and comparing it to APN Outdoor's $540 million cash and scrip offer. […]
For most parts of the media sector, digitisation has destroyed value, cost jobs and caused plenty of tears. But for outdoor advertising, it's a very different story. […]
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Hurricane season has arrived, and it’s very important to us that you are prepared. We’ve created some resources to help: the brochure Hurricane Preparation Procedure and the blog post Preparing Your LED Display for a Hurricane. Minimize impact during the storm and then bring your billboard back online as quickly as possible. […]
The campaign celebrates the FIFA World Cup and the soft drinks brand continued support of the game. Lucky fans get to experience firsthand, what it’s like to play alongside Switzerland’s Xherdan Shaqiri on-screen. Participants are treated to a show of skill from Shaqiri and are invited to get involved and play a few shots against the Swiss star. […]
Dickerson stated that out of home has increased its share of total US ad spend since 2013 and suggested that advertisers should be doubling or tripling the share of the budget which they devote to out of home to maximize brand awareness, purchase intent, consideration and ad awareness. Dickerson is a Managing Director at Benchmarketing, a division of OMG. […]
People go on vacation to experience something different than normal. Be it food, beaches, nightlife, history, or culture, you’re sure to find several or all of these at any chosen destination. So, if people go on vacation to escape everyday life and have these experiences, how does your locale become their chosen destination? […]
ANC collaborated with the Wells Fargo Center on technological advancements for the arena including an additional 10,000 square feet of state-of-the-art LED. […]
What is a Smart City? There is no single blueprint or prototype that has been laid out for the future of smart cities. In fact, the term “smart city” is rather loosely used, and its definition is flexible. […]
MullenLowe London campaign links the two cities live using Ocean Outdoor tech Dulux is inviting London and Amsterdam citizens to add colour to each other’s lives, using a live link connecting the two European capitals, powered by Ocean Outdoor’s international alliance and the latest digital out of home technology. […]