SYDNEY, Dec 14 (Reuters) - Australian billboard company APN Outdoor Group Ltd (APO) plans to buy rival oOh!Media Ltd (OML) in deal that values the target at A$735 million ($550.29 million), the companies said on Wednesday.
The Sydney-listed companies said APN plans to give oOh!Media shareholders 0.83 APN share for every oOh!Media share they own, amounting to A$4.48 per share based on Tuesday's closing price, a 3 percent premium to oOh!Media's last trade. ($1 = 1.3356 Australian dollars)
Keyword OOH!MEDIA M&A/APN OUTDOOR GRP
News: OML Australian advertising businesses APN Outdoor Group, oOh!Media agree to merger
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Last
$1.83 |
Change
0.010(0.55%) |
Mkt cap ! $983.2M | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.83 | $1.79 | $1.436M | 791.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 13112 | 2 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| OML (ASX) Chart |