Update on Change of Control Proposals

Summary by 6ix AI

oOh media Ltd has released an update regarding change of control proposals from three parties, including Pacific Equity Partners, I Squared Capital, and Oaktree Capital Management, who have submitted non-binding indicative offers. The Board plans to engage with these parties to finalize due diligence and negotiate binding agreements, which may take up to four weeks. Shareholders are advised to take no action regarding these proposals at this time, as there is no certainty that a binding offer will be made.

Written by 6ix AI from the company’s filing. How 6ix writes summaries