"We have acted quickly to effect a significant turnaround of APN Outdoor"
The ACCC has been reviewing both acquisitions in the out-of-home advertising sector.
APN Outdoor has extended its existing contract with Sydney Airport in a new landmark deal.
• oOh!media released its half year results this week with revenue jumping 11%
• They follow the launch in early July this year of Dn’A, a data and analytics innovation
APNO offers advertisers access to three of New Zealand’s busiest airports.
The two companies have worked together to create a custom microsite.
• In-house data and analytics capability, 34 billion data points in stage one
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.
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