December 13, 2024
Update on JCDecaux’s proposed acquisition of APN Outdoor in Australia
- Paris
JCDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces that on October 4th, 2018, the New Zealand Overseas Investment Office (OIO) has provided consent under the Overseas Investment Act 2005 (New Zealand) (and associated regulations) to JCDecaux’s acquisition of APN Outdoor Group Limited (APN Outdoor), by way of a scheme of arrangement (the Scheme).
The implementation of the Scheme remains subject to a number of conditions, including approval of APN Outdoor shareholders at the Scheme Meeting proposed to be held on October 15th, 2018, court approval, and the satisfaction or, where capable, waiver of certain other customary conditions as outlined in the Scheme Implementation Agreement lodged with the Australian Securities Exchange on June 26th, 2018.
The implementation of the Scheme remains subject to a number of conditions, including approval of APN Outdoor shareholders at the Scheme Meeting proposed to be held on October 15th, 2018, court approval, and the satisfaction or, where capable, waiver of certain other customary conditions as outlined in the Scheme Implementation Agreement lodged with the Australian Securities Exchange on June 26th, 2018.
Key figures
- 2017 revenue: €3,493m*, H1 2018 revenue: €1,643m
- JCDecaux is listed on the Eurolist of Euronext Paris and is part of the Euronext 100 and Euronext Family Business indexes
- JCDecaux is part of the FTSE4Good index
- N°1 worldwide in street furniture (543,050 advertising panels)
- N°1 worldwide in transport advertising with more than 215 airports and 250 contracts in metros, buses, trains and tramways (356,320 advertising panels)
- N°1 in Europe for billboards (141,630 advertising panels)
- N°1 in outdoor advertising in Europe (672,220 advertising panels)
- N°1 in outdoor advertising in Asia-Pacific (216,290 advertising panels)
- N°1 in outdoor advertising in Latin America (77,190 advertising panels)
- N°1 in outdoor advertising in Africa (26,770 advertising panels)
- N°1 in outdoor advertising in the Middle-East (18,650 advertising panels)
- Leader in self-service bike rental scheme: pioneer in eco-friendly mobility
- 1,074,113 advertising panels in more than 80 countries
- Present in 4,033 cities with more than 10,000 inhabitants
- 13,040 employees
* Restated from the retrospective application of IFRS 15, applicable from January 1st, 2018
