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.[1][2]
In 2011, APN News & Media sold half the business to Quadrant Private Equity, and in 2015 sold the other half.[3] 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.[4]
The business was listed on the Australian Securities Exchange in 2014.[5][6] At the time of listing, Quadrant retained a 20% stake in the company and management held 2.5%.[2]
Richard Herring was CEO of the company from its founding until retiring after 22 years in 2017.[7]James Warburton became CEO in 2017.[8]
In June 2018, JCDecaux made a takeover bid worth $1.1 billion, suggesting APN Outdoor would complement the former's existing Australian assets.[10] 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.[11]
Referencesedit
^"APN Outdoor - Business Directory". Brand South Australia. Retrieved 26 May 2018.
^ ab"APN Outdoor Group IPO Prospectus" (PDF). ASX. Retrieved 26 May 2018.
^"APN set to sell outdoor business to Quadrant". AdNews. 22 October 2013. Retrieved 20 May 2018.
^Ward, Miranda (4 May 2017). "APN News & Media rebrands as HT&E". Retrieved 26 May 2018.
^Kaye, Bryan (21 October 2014). "Australia's APN Outdoor to raise $289 mln in IPO - source". Reuters. Retrieved 26 May 2018.
^Hayes, Alex (11 November 2014). "APN Outdoor close down on first day of trading". Mumbrella. Retrieved 20 May 2018.
^Doctor, Daisy (2 August 2017). "APN Outdoor CEO Richard Herring exits after 22 years". Ad News. Retrieved 26 May 2018.
^"Warburton continues APN shake-up". The Australian. News Corp Australia. 23 April 2018. Retrieved 26 May 2018.
^Doctor, Daisy (19 May 2017). "APN and Ooh! scrap merger, slam ACCC intervention". Ad News. Retrieved 26 May 2018.
^"APN shares leap after JCDecaux offer". Nine Finance. 21 June 2018. Retrieved 22 June 2018.
^Wallbank, Paul (15 October 2018). "APN Outdoor shareholders approve JC Decaux deal". Mumbrella.
External linksedit
Official website
Instagram Story Viewer
April 11, 2024
outdoor, australian, outdoor, advertising, company, based, sydney, australia, founded2004, years, 2004, defunct2018, 2018, headquarterssydney, australiaproductsoutdoor, advertisingparentjcdecauxwebsitewww, apnoutdoor, auhistory, edit, nbsp, former, logo, found. APN Outdoor was an Australian outdoor advertising company based in Sydney Australia APN OutdoorFounded2004 20 years ago 2004 Defunct2018 2018 HeadquartersSydney AustraliaProductsOutdoor advertisingParentJCDecauxWebsitewww wbr apnoutdoor wbr com wbr auHistory edit nbsp Former APN Outdoor logoAPN Outdoor was founded by APN News amp Media in 2004 when it consolidated the operations of its acquired outdoor ad firms Cody Australian Posters and Buspak 1 2 In 2011 APN News amp Media sold half the business to Quadrant Private Equity and in 2015 sold the other half 3 This severed business links from APN News amp Media despite retaining the name APN which caused some confusion in the market until APN News amp Media rebranded as Here There amp Everywhere in 2017 4 The business was listed on the Australian Securities Exchange in 2014 5 6 At the time of listing Quadrant retained a 20 stake in the company and management held 2 5 2 Richard Herring was CEO of the company from its founding until retiring after 22 years in 2017 7 James Warburton became CEO in 2017 8 In 2017 APN Outdoor planned to merge with rival outdoor advertising company oOh media however was aborted after the Australian Competition amp Consumer Commission raised preliminary concerns 9 In June 2018 JCDecaux made a takeover bid worth 1 1 billion suggesting APN Outdoor would complement the former s existing Australian assets 10 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 11 References edit APN Outdoor Business Directory Brand South Australia Retrieved 26 May 2018 a b APN Outdoor Group IPO Prospectus PDF ASX Retrieved 26 May 2018 APN set to sell outdoor business to Quadrant AdNews 22 October 2013 Retrieved 20 May 2018 Ward Miranda 4 May 2017 APN News amp Media rebrands as HT amp E Retrieved 26 May 2018 Kaye Bryan 21 October 2014 Australia s APN Outdoor to raise 289 mln in IPO source Reuters Retrieved 26 May 2018 Hayes Alex 11 November 2014 APN Outdoor close down on first day of trading Mumbrella Retrieved 20 May 2018 Doctor Daisy 2 August 2017 APN Outdoor CEO Richard Herring exits after 22 years Ad News Retrieved 26 May 2018 Warburton continues APN shake up The Australian News Corp Australia 23 April 2018 Retrieved 26 May 2018 Doctor Daisy 19 May 2017 APN and Ooh scrap merger slam ACCC intervention Ad News Retrieved 26 May 2018 APN shares leap after JCDecaux offer Nine Finance 21 June 2018 Retrieved 22 June 2018 Wallbank Paul 15 October 2018 APN Outdoor shareholders approve JC Decaux deal Mumbrella External links editOfficial websiteInstagram Story Viewer Retrieved from https en wikipedia org w index php title APN Outdoor amp oldid 1213847791, wikipedia, wiki, book, books, library,
