JCDecaux Moves Forward with Sale of APG|SGA Shares to NZZ

JCDecaux SE, the leading global outdoor advertising company, announced a significant step in the sale of its shares in APG|SGA to NZZ. At an extraordinary general meeting, APG|SGA shareholders approved a selective opting-up clause. This approval eliminates the need for a mandatory offer by NZZ, setting legal grounds for the transaction's completion. Subject to antitrust clearances, the sale of 325,519 shares is anticipated by Q2 2026.

The transaction will decrease JCDecaux's stake in APG|SGA to 5.6%, generating approximately 71 million Swiss Francs, around 76 million Euros, before costs. JCDecaux remains robust, boasting 1,091,811 advertising panels globally and leading in various sectors of outdoor advertising.