oOh!media enters binding scheme with I Squared Capital at A$1.70/share cash

Published Aug 17, 02:07 AM UTC

oOh!media Limited held its HY 2026 results presentation, where CEO James Taylor discussed the company's binding Scheme Implementation Agreement with I Squared Capital. Under the deal, shareholders will receive $1.70 per share in cash, including a fully franked interim dividend, representing a 100% premium to the undisturbed closing price. Taylor characterized the acquisition as a strong vote of confidence in oOh!'s market-leading out-of-home network and infrastructure-like assets. The transaction is subject to shareholder, regulatory, and court approvals. Taylor emphasized that the company's focus remains on executing its strategy and delivering for customers and partners during the approval process.