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June 21 (Reuters) - Australia's APN Outdoor Group Limited (APO)...

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    June 21 (Reuters) - Australia's APN Outdoor Group Limited (APO) said on Thursday it received a A$1.09 billion ($803.00 million) or A$6.52 per share, takeover offer from French advertising company JCDecaux JCDX.PA , and said it had commenced an assessment of the offer.

    The JCDecaux offer is at a 11.5 percent premium to the closing level of APN shares on Wednesday.

    The French firm had said on Wednesday it had submitted an indicative and non-binding offer to buy APN.

    ($1 = 1.3574 Australian dollars)

 
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