QMS Media looks to raise $20m to buy unnamed target

December 6, 2016 4:55

Outdoor media company QMS is looking to raise $20m from shareholders as it looks to buy an unnamed company.

The company today put its shares into a trading halt on the Australian Securities Exchange pending the announcement of an acquisition, with the Australian Financial Review reporting it is looking to raise $20m from investors.

QMS delivers digital and fixed large billboards across Australia and New Zealand as well as street furniture and print production.

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Abigail Dawson

Abigail Dawson was Mumbrella's senior content journalist covering event content. She left Mumbrella to move into an agency role in 2020.

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QMS Media looks to raise $20m to buy unnamed target

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