JCDecaux to purchase the Latin America business of OUTFRONT Media (JCDecaux)
Paris — OUTFRONT Media Inc. (NYSE: OUT) and JCDecaux SA (Euronext Paris: DEC) have entered into an agreement to sell the Latin America business of OUTFRONT Media to JCDecaux Latin America / Corameq, which is 85% owned by JCDecaux SA. The purchase price is $82 million cash, subject to working capital and indebtedness adjustments. […]
Tue, Nov 3, 2015 at 12:28 AM