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APN Outdoor taps UBS and Morgan Stanley as brokers for Adshel bid (Australian Financial Review)

APN Outdoor has UBS and Morgan Stanley to hand to raise equity should the company agree terms to buy smaller outdoor advertising rival Adshel. As first reported by Street Talk, APN Outdoor has mandated the two brokers as joint lead managers to help sell the deal, which analysts reckon could involve a $250 million to $300 million equity offer as part of the funding package. […]

afr.com
Tue, Jun 12, 2018 at 5:48 PM

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