Australia's oOh!media rises on extended buyout talks
13/07/2026 02:15
BUZZ-Australia's oOh!media rises on extended buyout talks ** Shares of oOh!media OML.AX rise 3.6% to A$1.528, their highest level since September 29
** Advertising firm says it remains in discussions with all three interested parties regarding takeover offers
** Adds that the highest offer values the advertising firm at A$1.65 apiece, or nearly A$871.5 million ($603.95 million), without clarifying the party
** On track for best day since June 15 if gains hold
** Stock up 17.3% YTD
($1 = 1.4430 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)