APO apn outdoor group limited
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News: APO ACCC releases statement of issues on APN Outdoor and oOh!Media merger

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    04/05/17
    10:10
    Post #: 24461787

    May 4 (Reuters) - Australian Competition and Consumer Commission:

    • Releases statement of issues on proposed merger between APN Outdoor Group Limited and oOh!Media Limited
    • ACCC's final decision is due on 6 July 2017
    • Preliminary view is that merger is likely to substantially lessen competition in out-of-home advertising market
    • Merger may damage interests of site owners, who rely on competition between APN Outdoor and oOh!Media to obtain maximum rent for their sites
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