HMI Capital could emerge with a quarter of oOh!media, putting the San Francisco-based private equity firm in the position of kingmaker in the future of the outdoor advertising business following a $167 million emergency capital raising amid the coronavirus pandemic.
HMI Capital committed to sub-underwriting up to $17.7 million in oOh!media's $167 million emergency capital raising.
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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
