Private equity lobs $750m bid for outdoor advertising giant oOh!media

Private equity lobs $750m bid for outdoor advertising giant oOh!media

PEP has engaged investment bank Macquarie Capital and law firm Gilbert + Tobin as its advisers on the deal.

Pacific Equity Partners makes unsolicited bid for oOh!media

Pacific Equity Partners (PEP) has made an unsolicited takeover bid to acquire oOh!media for $1.40 per share. That is a premium of 64.7% from its last closing prices of $0.85 and values the media firm at around $747million. oOh!media provides outdoor advertising services helping clients reach a large and diverse audience. It has over 35,000 assets across its national digital and classic network that reaches over 99% of metro Australians and 72% o…

oOh!Media Set For Valuation Battle Following $750M PE Takeover Bid

B&T dusts off the abacus for this piece. Though sadly we run out of beads at 700 million.

oOh!media shares rocket 40% higher on takeover offer

Shares in oOh!Media Ltd (ASX: OML) have surged as much as 40% in early morning trade after the outdoor advertising company revealed it had received a takeover approach from private equity firm Pacific Equity Partners (PEP). The sharp move caught the market's attention and sparked a rally in a stock that, prior to the announcement, had been trading 34% lower than when it started the year. Private equity bid sparks the rally The catalyst for the s…

oOh!media (ASX:OML) A$1.40 PEP Bid Arrives Unsolicited, and the Real Question is Whether It's Enough

When private equity turns up uninvited, the first number is almost never the last. oOh!media Limited (ASX:OML) confirmed today it has received a non-binding indicative offer from Pacific Equity Partners to acquire 100% of the company at A$1.40 per share by way of scheme of arrangement. The proposal is unsolicited, meaning the board did not go looking for a buyer. That distinction matters to investors. An unsolicited approach typically means PEP …

Private equity house PEP launches takeover bid for Ooh Media

Ooh Media may be about to leave the ASX, with the outdoor media company informing the market this morning that Pacific Equity Partners has made an offer to buy the company. Yesterday, Ooh Media, which has been led by former SBS boss James Taylor since December 2025, closed on a record low market capitalisation of $458.8m. The AFR reports that the bid is worth $750m. The news of a possible sale clearly landed with the market, with Ooh media’s val…