MarketAPN Outdoor
Company Profile

APN Outdoor

APN Outdoor was an Australian outdoor advertising company based in Sydney, Australia.

History
APN Outdoor was founded by APN News & Media in 2004 when it consolidated the operations of its acquired outdoor ad firms Cody, Australian Posters and Buspak. In 2011, APN News & Media sold half the business to Quadrant Private Equity, and in 2015 sold the other half. This severed business links from APN News & Media, despite retaining the name "APN", which caused some confusion in the market until APN News & Media rebranded as Here, There & Everywhere in 2017. The business was listed on the Australian Securities Exchange in 2014. At the time of listing, Quadrant retained a 20% stake in the company and management held 2.5%. James Warburton became CEO in 2017. In 2017, APN Outdoor planned to merge with rival outdoor advertising company oOh!media, however was aborted after the Australian Competition & Consumer Commission raised preliminary concerns. In June 2018, JCDecaux made a takeover bid worth $1.1 billion, suggesting APN Outdoor would complement the former's existing Australian assets. The takeover was approved in late 2018, shortly after which APN Outdoor ceased trading on the ASX and became a subsidiary of JCDecaux with the latter's branding adopted. ==References==
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