Original article by Max Mason
The Australian Financial Review – Page: 30 : 5-May-17

The Australian Competition & Consumer Commission is scheduled to make a final decision on the proposed merger between oOh!media and APN Outdoor on 6 July. However, the ACCC’s statement of issues indicates that the regulator has concerns that the $A1.6bn deal would reduce competition in the out-of-home advertising sector. ACCC chairman Rod Simms notes that the combined entity would control more than 50 per cent of this market.

CORPORATES
OOH!MEDIA LIMITED – ASX OML, APN OUTDOOR GROUP LIMITED – ASX APO, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, APN NEWS AND MEDIA LIMITED – ASX APN