Warburton: JC Decaux takeover of APN Outdoor is a better outcome than purchasing Adshel

The CEO of Australia’s second-largest out-of-home media player, APN Outdoor, believes being outbid by rival Ooh Media for street furniture business Adshel has led to a better outcome for his shareholders. Instead, international giant JC Decaux will now purchase APN Outdoor in a deal worth over $1bn.

Despite spruikung the benefits of the JC Decaux deal, CEO James Warburton would still not be drawn on the record about the future of the brand, or how long he will stick around.

Warburton: Proud of what he has achieved at APN Outdoor