White & Case advises I Squared Capital on proposed acquisition of oOh!media

Global law firm White & Case LLP has advised I Squared Capital on its proposed acquisition of oOh!media Limited by way of a scheme of arrangement.

“Advising I Squared Capital on its proposed acquisition of oOh!media is a clear reinforcement of their long-term commitment to Australia, and exemplifies White & Case's strong capabilities in advising on complex deals for our global clients” said White & Case partner Aaron Kenavan, who co-led the Firm's deal team.

The proposed transaction values oOh!media at an equity value of approximately AUD $898 million and an enterprise value of approximately AUD $1.04 billion.

The transaction remains subject to customary conditions, including oOh!media shareholder, court and regulatory approvals. Subject to those conditions, completion is expected in the fourth quarter of 2026.

oOh!media is an out-of-home media company operating more than 30,000 digital and static advertising assets across Australia and New Zealand.

The White & Case team in Sydney which advised on the transaction was led by partners Aaron Kenavan and Caroline Sherrell and included partners Will Stawell and Stefanie Benson and associates Javed Ali, Max Drummond, Edward Lee, Alistair Leung and Matthew Weetman.

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