Bain Capital has entered the auction process for Australian outdoor advertising firm oOh!media, joining a growing group of private equity bidders competing for the business, according to a report by the Australian Financial Review.
The development adds further momentum to a sale process that already includes competing non-binding proposals from Pacific Equity Partners and I Squared Capital, both of which have tabled cash offers in recent months valuing the company at roughly AUD765.9 million.
I...
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