OOhmedia Shells Out Even More as Adshel's Strategic Importance Rises On French Connection

A Swift French Invasion as APN Outdoor Falls for AUD 6.70 Per Share

What Landlord Giveth, It Can Taketh Away; APN Outdoor FVE Cut to AUD 5.00 Per Share

APN and OOhmedia Suffering FOMO on Adshel?

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Event-Driven

<p><a href="https://www.smartkarma.com/entities/5549" target="_blank" data-smartkarma-citation="entities:5549:1">APN Outdoor Group Ltd (APO AU)</a>'s recommitted pursuit of Adshel is not a surprise. Having already expended much effort on the proposal to allow the new management to stamp its growth-oriented mark, the group was never going to give up on Adshel just because of an unexpected French interloper. Even the 8% lift in the consideration to AUD 540 million is not a surprise, given the ominous presence of <a href="https://www.smartkarma.com/entities/8662" target="_blank" data-smartkarma-citation="entities:8662:1">oOh!Media Ltd (OML AU)</a> readying to lob its own Adshel bid.</p><p>APN's first detailed attempt to justify the…</p>

APN Outdoor Group Ltd (APO AU)'s recommitted pursuit of Adshel is not a surprise. Having already expended much effort on the proposal to allow the new management to stamp its growth-oriented mark, the group was never going to give up on Adshel just because of an unexpected French interloper. Even the 8% lift in the consideration to AUD 540 million is not a surprise, given the ominous presence of oOh!Media Ltd (OML AU) readying to lob its own Adshel bid.APN's first detailed attempt to justify the…

The Hunted Remains the Hunter as APN Outdoor Shells Out AUD 540 Million

Apn Outdoor

The Hunted Remains the Hunter as APN Outdoor Shells Out AUD 540 Million