The outdoor advertising group JCDecaux confirms that it has entered into an agreement with Pargesa Asset Management to study the possibility of a coordinated sale of its shares in APG|SGA, amounting respectively to 30% and 25.3%.

This follows APG|SGA's announcement today that its Board of Directors has decided to initiate a process to find a potential purchaser for the entire company.

Should a third party make a quality offer, JCDecaux will consider selling its shares in light of its plans to allocate its capital to other market opportunities worldwide.

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