BRIEF-Jcdecaux and Outfront Media sign a purchase and sale agreement

lunes 2 de noviembre de 2015 03:24 GYT

Nov 2 (Reuters) - Jcdecaux :

* Outfront Media and Jcdecaux sign a purchase and sale agreement for the latin america business of Outfront Media

* The purchase price is $82 million cash, subject to working capital and indebtedness adjustments

* The transaction is expected to close in the first half of 2016, subject to customary closing conditions, including regulatory approval Source text for Eikon: Further company coverage: (Gdynia Newsroom)