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OML Ooh!Media News Story

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Australia's oOh!media gains most in over a month after confirming buyout talks

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)

((Aamir.SheikKhalid@thomsonreuters.com))

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