October 9, 2024
Paris, 16 December 2009 – JCDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company in Europe and Asia-Pacific and the number two worldwide, announced today that it will be able to complete its transaction with Wall AG to become its majority shareholder. JCDecaux received regulatory approval from the German competition authorities to acquire founder Hans Wall and family’s 50.1% stake in Wall AG. The transaction increases JCDecaux’s holding in Wall AG to 90.1%, with Daniel Wall retaining 9.9% and remaining CEO of the Group Wall, the number two outdoor advertising company in Germany and Turkey.