Bloomberg: JCDecaux to Buy APN Outdoor for $831 Million in Australian Bet
JCDecaux SA clinched a deal to buy billboard specialist APN Outdoor Group Ltd. for A$1.12 billion ($831 million) to rival its top Australian competitor, the largest acquisition for the French company in almost two decades. The world’s biggest outdoor advertiser won unanimous support from APN’s board after sweetening its offer to A$6.70 a share in cash, according to a statement Tuesday. […]
Tue, Jun 26, 2018 at 4:33 PM