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IN BRIEF: Ocean Outdoor rises with confirmation of talks with Atairos

13th Apr 2022 15:01

Ocean Outdoor Ltd - London-based digital out-of-home advertising firm - Confirms it is in discussions with New York-based investment company Atairos regarding a possible offer for the company. Notes that there can be no certainty that it will lead to an offer being made.

The company confirmed that it was evaluating a potential sale in February, following interest and conditional offers received.

Current stock price: USD9.80, up 11% on Wednesday

12-month change: up 21%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.

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