oOh!media (ASX:OML) said Pacific Equity Partners, I Squared Capital, and Oaktree Capital Management reconfirmed their non-binding indicative offers to acquire the company at a price range of AU$1.60 to AU$1.65 per share, according to a Monday filing with the Australian bourse.
oOh!media plans to continue engagement with all three prospective buyers on diligence and binding documentation in a process expected to take up to four weeks, per the filing.
The company said there is no guarantee of any deal materializing.
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