SYDNEY, May 4 (Reuters) - Australia's antitrust regulator said a plan by Australia's top billboard firm to buy its largest rival for A$735 million ($545 million) may jack up the prices charged to advertisers while cutting service levels, a sign it may block the deal.
Shares of the target company, oOh!Media Ltd (OML), and shares of the company planning to buy it, APN Outdoor Group Ltd (APO), both fell as much as 7 percent in early trading on Thursday, in a flat overall market. ($1 = 1.3464 Australian dollars)
Keyword OOH!MEDIA M&A/APN OUTDOOR GRP
News: Australia raises antitrust concerns about $545 mln billboard takeover
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.80 |
Change
0.000(0.00%) |
Mkt cap ! $969.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 1 | 1 |
View Market Depth
| Last trade - 09.43am 31/07/2025 (20 minute delay) ? |
| OML (ASX) Chart |
Day chart unavailable