Ooh!Media Gets Rival $554 Million Takeover Bid from I Squared

🇦🇺 Bloomberg (AU) —

AI Summary

I Squared Capital has made a rival all-cash takeover bid for Australian advertising company oOh!media, with the bid valued at approximately $554 million. This move intensifies competition in the outdoor advertising market in Australia.

I Squared Capital has lobbed a rival all-cash offer for Australian outdoor advertising company oOh!media, valuing the company at A$765.9 million ($554 million).

Markets Deals takeover advertising I Squared Capital oOh!media business news

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