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bing news | Bain Capital pulls out of the race for oOh!media
AI generated summary, Read the full article for complete information.
Bain Capital has withdrawn from its bid for Australian out‑of‑home advertising group oOh!media, ending a high‑profile private‑equity showdown that also involved several other suitors. The move follows a period of intense due‑diligence and competing offers that pushed the implied share price from A$1.45 to about A$1.60. oOh!media, which operates roughly 30,000 billboards across the country, remains the focus of a four‑way contest for ownership, but Bain’s exit narrows the field and could influence the final valuation and structure of any eventual deal.
Read more: https://www.afr.com/street-talk/bain-capital-pulls-out-of-the-race-for-ooh-media-20260617-p607m4
#BainCapital #oOhmedia #MikeMurphy #UBS #ASX
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