JCDecaux sells 13.56% of APG|SGA stake to NZZ, making NZZ the largest shareholder with 25%.
JCDecaux, the world's top outdoor advertising company, sells 13.56% of its stake in Swiss out-of-home media firm APG|SGA to leading Swiss press group NZZ. Following the deal, NZZ will become the largest shareholder with a 25% stake, while JCDecaux retains 16.44% and Pargesa Asset Management S.A. maintains its stake. The transaction is expected to be completed in the coming days.
May 30, 2024
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