APN takes full ownership of Adshel for $204m

( October 25, 2016, 05:35 GMT | Official Statement) -- MLex Summary: Sydney-based APN News & Media Ltd has entered into a binding agreement to acquire the remaining 50 percent of outdoor advertising company Adshel that it does not already own from a subsidiary of Clear Channel Outdoor. The A$268.4 million ($204.4 million) buyout gives APN control of 22,000 static and digital panels across Australia and New Zealand.The company's statement is attached. ...

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