CHAMP buys oOh!media for $163m
CHAMP Private Equity has acquired Australian outdoor advertising firm oOh!media for A$163 million ($163 million), receiving unanimous approval from the company’s directors after failing to receive a higher bid.
The news comes one month after CHAMP first launched its takeover bid, which involved the PE investor buying an initial 9% stake in the company and then an additional 10% follow-on stake. The Australian...
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