Company News Summary | 04 Oct 2018
Click the print icon in your browser to print this report. Currency is in AUD unless otherwise specified
APN Outdoor Group Announces New Zealand Overseas Investment Office Approval Received
16:56:00 | Associate analysts
Original annuncemenet:New Zealand Overseas Investment Office Approval Received
APN Outdoor Group announced that the Overseas Investment Office provided consent under the Overseas Investment Act 2005 (NZ) (and associated regulations) to the proposed acquisition of a 100% interest in the Company by JCDecaux SA, via its wholly owned subsidiary JCDecaux ANZ Pty, by way of a scheme of arrangement (Scheme). The Company updated that its Board of Directors continues to unanimously recommend that the shareholders vote in favour of the Scheme at the upcoming Scheme Meeting to be held on 15 October 2018, in the absence of a superior proposal and subject to the Independent Expert continuing to conclude that the Scheme is in the best interests of the shareholders.
|This report appeared on www.morningstar.com.au||2022 Morningstar Australasia Pty Limited|
© Copyright 2022 Morningstar Australasia Pty Ltd ABN: 95 090 665 544 ("Morningstar"), AFSL no 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").