JCDecaux Acquires VTB Capital's Russ Outdoor

JCDecaux SA, a global outdoor advertising is to acquire 25 percent of Russ Outdoor, a Russian outdoor advertising company in Russia, pending the required anti-monopoly approvals. As part of the transaction, JCDecaux will contribute its Russian assets from BigBoard to Russ Outdoor. Russ Outdoor was acquired in 2011 by a consortium of investors led by VTB Capital Private Equity.

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