25 stories mentioning ASX:OMLUpdated 5d ago
Every FINWIRES story that references ASX:OML, newest first.
oOh!media (ASX:OML) said Mitsubishi UFJ Financial Group increased its stake in the company on Sept. 3 to 7.4% or 39.1 million shares from 5.98% or 31.6 million shares, according to a Tuesday Australian bourse filing.
oOh!media (ASX:OML) secured a strategic partnership with Australia's national broadcaster SBS aimed at helping brands expand the impact of their campaigns beyond traditional media channels, the media company said in a statement on Wednesday.Under the partnership, SBS and oOh!media will go to market with specialized packages allowing brands sponsoring SBS's 2027 Tour de France coverage to extend their campaigns into out-of-home media networks, the statement said.
oOh!media (ASX:OML) agreed with BidCo, an entity owned by I Squared Capital, to amend the definition of Superior Proposal in their scheme implementation agreement following discussions with the Australian Securities and Investments Commission (ASIC), according to a Monday Australian bourse filing.The company said the amendment applies the 3% value threshold for competing transactions made by parties who entered into a confidentiality agreement with oOh!media to a four-week period from the date of the scheme implementation agreement on Aug. 10.
oOh!media (ASX:OML) logged AU$0.029 in adjusted underlying net profit after tax (NPAT) per share for the first half, compared with AU$0.049 in the year-ago period, a Monday filing showed.For the six months ended June 30, revenue was AU$340.9 million versus AU$336.2 million previously, the Australia-listed advertising firm added.The board declared an interim dividend of AU$0.02 per share, down from AU$0.0225 a year earlier, payable Sept. 17 to shareholders on record as of Aug. 27.The company is seeing trading momentum in the second half, with leading indicators tracking ahead of prior years.
oOh!media (ASX:OML) said Airwallex's live foreign exchange data, using FX infrastructure and Forex API, will be added directly to oOh!'s digital assets using a custom integration developed by POLY, oOh!'s creative and innovation hub, according to a Thursday statement.A campaign with oOh!media, Airwallex, and Accenture Song will stream live exchange rate movements across oOh!'s digital OOH network.
oOh!media (ASX:OML) signed a scheme implementation agreement with OOH BidCo, an entity owned and controlled by funds managed and/or advised by I Squared Capital and its affiliates, an independent global infrastructure investor, according to a Monday filing with the Australian bourse.OOH BidCo will acquire all of the shares in the issued share capital of the company for AU$1.70 apiece, including scheme consideration of AU$1.68 per share through a scheme of arrangement and an interim fully franked first half dividend of AU$0.02 per share, which the company board has determined to pay, the filing said.Additionally, the company is expected to declare and pay a fully franked special dividend of about AU$0.10 per share on or before implementation of the scheme, per the filing.Shares rose 4% in midday trade on Monday.
oOh!media (ASX:OML) launched the first digital bus shelter screens with 75-inch energy-efficient LED screens in New Zealand, with four LED sites now live in Christchurch, according to a Thursday Australian bourse filing.It plans to launch 70 digital bus shelters across Christchurch by the end of the year, with the full network of 110 sites set for completion by June 30, 2027.
oOh!media (ASX:OML) said Thursday signed an out-of-home content agreement with Cricket Australia to deliver official cricket news, match countdowns, highlights, and live scores across the entire 2026 to 2027 Australian NRMA Insurance Men's Test season.The company in a statement said that the program will keep fans connected with the game across oOh!'s full digital network comprising airports, billboards, retail centers, street furniture, rail, offices and study environments while creating new opportunities for brands to align with live sporting moments.The company's shares fell past 2% in recent Thursday trade.
Australian shares were flat on Monday after oil prices jumped as the ceasefire between the US and Iran broke down.The S&P/ASX 200 Index was little changed to close at 8,808.50.Brent crude oil futures jumped over 4% to trade around $79 per barrel, increasing inflation risks. Iran claimed that it had closed the Strait of Hormuz.Gold fell past 1% to trade around $4,060 per ounce.On the domestic front, Australian customers have so far spent over AU$7 billion during this year's FIFA World Cup, with spending increases recorded across key fan categories, according to an ANZ analysis.Spending increased in various sectors: takeaway food by 6.6%, cafes and restaurants by 5.5%, bars and hotels by 5.2%, and sporting apparel by 9.3%.In company news, Karoon Energy (ASX:KAR) restored production at the PRA-2 well at its Baúna project in Brazil after reconnecting the umbilical and re-establishing connectivity with the submersible pump. The well came back online on July 6 and is currently producing between 1,000 and 1,200 barrels of oil per day.Ampol (ASX:ALD) secured a cornerstone investment from KKR in its AU$400 million financing transaction. Ampol will use the funds for refinancing initiatives and other general corporate purposes.Lastly, oOh!media (ASX:OML) said Pacific Equity Partners, I Squared Capital, and Oaktree Capital Management reconfirmed their non-binding indicative offers to acquire the company at a price range of AU$1.60 to AU$1.65 per share. It plans to continue engagement with all three prospective buyers on diligence and binding documentation.
(Updates to add stock movement in the last paragraph)oOh!media (ASX:OML) said Pacific Equity Partners, I Squared Capital, and Oaktree Capital Management reconfirmed their non-binding indicative offers to acquire the company at a price range of AU$1.60 to AU$1.65 per share, according to a Monday filing with the Australian bourse.oOh!media plans to continue engagement with all three prospective buyers on diligence and binding documentation in a process expected to take up to four weeks, per the filing.The company said there is no guarantee of any deal materializing.The company's shares rose past 2% in recent Monday trade.
Australian shares are poised to rise on Monday as gains in oil prices lift energy stocks, with markets tracking heightened geopolitical tensions after Iran expanded strikes on Gulf states and raised concerns over crude shipments through the Strait of Hormuz.In the macroeconomy, Australians are turning FIFA World Cup fever into a local spending surge, with new data revealing billions of dollars flowing into pubs, cafes, restaurants, and sporting retailers as fans gather to watch the global tournament, ANZ Research said in a report on Monday.In corporate news, oOh!media (ASX:OML) said Pacific Equity Partners, I Squared Capital, and Oaktree Capital Management reconfirmed their non-binding indicative offers to acquire the company at a price range of AU$1.60 to AU$1.65 per share.Regis Resources (ASX:RRL) will not make a new offer to acquire Vault Minerals (ASX:VAU) following a competing proposal by Genesis Minerals (ASX:GMD).Australia's benchmark index rose 0.5% or 43.5 points to close at 8,806 on July 10.
oOh!media (ASX:OML) said Pacific Equity Partners, I Squared Capital, and Oaktree Capital Management reconfirmed their non-binding indicative offers to acquire the company at a price range of AU$1.60 to AU$1.65 per share, according to a Monday filing with the Australian bourse.oOh!media plans to continue engagement with all three prospective buyers on diligence and binding documentation in a process expected to take up to four weeks, per the filing.The company said there is no guarantee of any deal materializing.
Airtasker (ASX:ART) agreed to the early cash settlement of two AU$5 million media partnership notes issued to subsidiaries of oOh!media (ASX:OML) and ARN Media (ASX:A1N), according to a Monday filing with the Australian bourse.The company paid AU$5.5 million to oOh!media and AU$5.4 million to ARN Media, including accrued coupon, achieving a combined early settlement discount of AU$300,000, which represented a 27% reduction in the total interest payable, the filing added.Shares of Airtasker and oOh!media rose 2% and 1%, respectively, in Monday trading, while ARN Media shares fell 2%.
oOh!media (ASX:OML) secured a multi-year extension of its partnership with the Australian Open, the advertising company said in a statement on Wednesday.Under the deal, brands can connect with audiences at every stage throughout the three-week tournament, the company said.
(Updates to add stock movement in the headline and the last paragraph)oOh!media (ASX:OML) said it received revised proposals to acquire the company from Pacific Equity Partners, I Squared Capital, and Oaktree Capital Management, with some of the proposals offering AU$1.60 per share, according to a Monday filing with the Australian bourse.The revised offers, which came after oOh!media granted certain parties a three-week period of limited due diligence access, are higher than earlier unsolicited offers ranging from AU$1.40 to AU$1.45 per share.The company's board unanimously decided that the earlier proposals did not adequately reflect oOh!media's intrinsic value, per the filing.oOh!media now plans to provide further due diligence access to select parties who issued revised proposals, a process that is expected to take up to six weeks.The company cautioned that there is no certainty of any deal, and recommended that its shareholders take no action on any proposal at this time.The company's shares rose 5% in recent Monday trade.
oOh!media (ASX:OML) said it received revised proposals to acquire the company from Pacific Equity Partners, I Squared Capital, and Oaktree Capital Management, with some of the proposals offering AU$1.60 per share, according to a Monday filing with the Australian bourse.The revised offers, which came after oOh!media granted certain parties a three-week period of limited due diligence access, are higher than earlier unsolicited offers ranging from AU$1.40 to AU$1.45 per share.The company's board unanimously decided that the earlier proposals did not adequately reflect oOh!media's intrinsic value, per the filing.oOh!media now plans to provide further due diligence access to select parties who issued revised proposals, a process that is expected to take up to six weeks.The company cautioned that there is no certainty of any deal, and recommended that its shareholders take no action on any proposal at this time.
Australian shares were flat with a negative bias on Tuesday as investors weighed in on the cessation of strikes between Israel and Iran after an exchange over the weekend.The S&P/ASX 200 Index was little changed to close at 8,604.20.Brent crude oil futures fell to trade at around $93 per barrel after indications of de-escalation between Israel and Iran.On Wall Street, the Nasdaq fell over 4% on Friday, but rebounded 0.9% overnight. Stronger economic activity and job growth in the US led investors to expect the Federal Reserve to delay its rate cuts.On the domestic front, Australia's consumer confidence fell further into pessimistic territory in June as cost-of-living pressures, weakening household finances, and softer housing expectations continued to weigh on sentiment. The Westpac-Melbourne Institute Consumer Sentiment Index fell 2.9% to 80.6 in June from 83 in May.Business confidence in Australia lifted off a low base, rising 10 points to negative 14 index points in May. However, it is still weak, and margin pressures are likely to remain a factor for businesses in the months ahead, according to the NAB Monthly Business Survey. Sentiment remains negative across all industries despite the increase, and overall conditions continue to track below average through the year.The total value of residential dwellings in Australia rose 2.5% in the March quarter, settling at AU$12.773 trillion. The mean price of residential buildings rose AU$22,300 to AU$1.1 million in the quarter.In company news, oOh!media (ASX:OML) confirmed that it has received conditional non-binding indicative offers from Bain Capital and other financial sponsors, consistent with the terms of the I Squared Capital proposal. The company on May 11 said it received an unsolicited, non-binding takeover offer from I Squared Capital to acquire the company for AU$1.45 per share in cash via a scheme of arrangement.James Hardie Industries (ASX:JHX) has been served with a group proceeding in the Supreme Court of Victoria on behalf of investors who acquired securities between May 21, 2025, and Aug. 19, 2025, alleging that it breached regulations in relation to forward-looking statements about its forecast financial performance. It denied the allegations and said it will vigorously defend the case.Coast Entertainment Holdings (ASX:CEH) said Queensland's State Assessment and Referral Agency (SARA) has issued its referral agency response to the Deputy Premier and Minister for State Development, Infrastructure and Planning regarding the company's Dreamworld precinct development application. SARA's response is the penultimate step in the call-in process and is submitted to the Minister for consideration ahead of a final decision.
(Updates to add stock movement in the headline and the last paragraph)oOh!media (ASX:OML) confirmed that it has received conditional non-binding indicative offers from Bain Capital and other financial sponsors, consistent with the terms of the I Squared Capital proposal, according to a Tuesday Australian bourse filing.The company on May 11 said it received an unsolicited, non-binding takeover offer from I Squared Capital to acquire the company for AU$1.45 per share in cash via a scheme of arrangement.Trading in the company's shares resumed on Tuesday, with its shares rising nearly 9% in recent activity.
oOh!media (ASX:OML) confirmed that it has received conditional non-binding indicative offers from Bain Capital and other financial sponsors, consistent with the terms of the I Squared Capital proposal, according to a Tuesday Australian bourse filing.The company on May 11 said it received an unsolicited, non-binding takeover offer from I Squared Capital to acquire the company for AU$1.45 per share in cash via a scheme of arrangement.The company's shares are currently placed in a trading halt, a separate same-day filing showed.
oOh!media (ASX:OML) reported overall first-quarter revenue growth of 4%, with a 7% increase in Australia, saying that the second quarter is tracking on a similar pace, according to a Thursday filing with the Australian bourse.The advertising company said its first-half gross margin will be softer than expected due to industry-wide pressure on billboards, and underlying adjusted operating expenditure for the period will likely come in "slightly lower" than a year earlier.Meanwhile, full-year 2026 capital expenditure is expected to be between AU$45 million and AU$55 million.
Showing 1-20 of 25
