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APN Outdoor, JCDecaux re-engage on takeover proposal

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APN Outdoor has begun engagement with French giant JCDecaux over a potential takeover proposal.

The Australian Financial Review can reveal APN Outdoor presented to JCDecaux's board and management in the earlier hours of Saturday morning (Friday in France).

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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com

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    Original URL: https://www.afr.com/business/banking-and-finance/apn-outdoor-jcdecaux-reengage-on-takeover-proposal-20180623-h11rel