APN Outdoor will build 10 new signs on both the Princes and Western Freeways in Melbourne.
The outdoor company will invest in new opportunities for advertisers at Christchurch Airport.
Acquisition 'represents an excellent outcome for our shareholders, staff and partners', says Warburton.
APN Outdoor has submitted a revised proposal to acquire 100% of the Adshel businesses in ANZ.
JCDecaux said acquiring APN Outdoor would complement its existing assets in Australia.
Australia collected two awards in the Outdoor Lions category.
'We have been very aggressive going after a number of new contracts.'
APN Outdoor retains the 16 panels it already operates for RMS and adds another 34.
'Revenue momentum continues to build following the company’s trading update at its AGM in April.'
James Warburton: 'One of my goals is to move APN Outdoor from an asset-led business to an audience-led business.'
Unconfirmed reports indicate that both companies are offering close to half a billion dollars.
A variety of images will run across digital signage nationwide to raise awareness about populations in decline.
The study found 77% of respondents admitted they 'notice or pay attention to XtrackTV'.
This year, Australia will have 13 representatives across a total of 26 jury categories.