Australia's oOh!media to be acquired by I Squared Capital in $634 million deal
10/08/2026 24:47
Australia's oOh!media to be acquired by I Squared Capital in $634 million deal Aug 10 (Reuters) - Australia's oOh!media OML.AX said on Monday it had agreed to be acquired by infrastructure investor I Squared Capital in a deal valuing the outdoor advertising company's equity at about A$898 million ($634.26 million).
Under the terms of the deal, shareholders will receive A$1.70 per share in cash, comprising A$1.68 per share in scheme consideration and a 2 Australian cents fully franked interim dividend.
($1 = 1.4158 Australian dollars)
(Reporting by Rajasik Mukherjee; Editing by Subhranshu Sahu)