Australia's oOh!media gains most in over a month after confirming buyout talks
09/06/2026 03:30
BUZZ-Australia's oOh!media gains most in over a month after confirming buyout talks ** Shares of Australia's oOh!media OML.AX rise as much as 9.2% to A$1.37, their biggest intraday pct gain since April 29
** Stock touches highest level since May 25
** Outdoor advertising and media firm responds to a media report regarding potential interest in the company
** Says it is engaging with other parties regarding a potential change of control transaction
** The company says it has received conditional non-binding indicative offers from Bain Capital and other financial sponsors
** Adds it does not intend to comment further on press speculation
** YTD, stock up 4.4%, including day's moves
(Reporting by Aamir Sheik Khalid in Bengaluru)