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APN Outdoor bests oOh!media $470 million bid for HT&E's Adshel

Max Mason

APN Outdoor has made a bid for Here, There & Everywhere's out-of-home advertising business Adshel, besting rival oOh!media's $470 million offer.

The company confirmed it had submitted an offer for 100 per cent of Adshel, after it was revealed by The Australian Financial Review on Monday night.

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Max Mason covers financial crime, courts 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

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    Original URL: https://www.afr.com/business/media-and-marketing/advertising/apn-outdoor-bests-oohmedia-470-million-bid-for-htes-adshel-20180521-h10cqr