A merger agreement is signed by JCDecaux and JOJ Media House to combine their OOH operations in Slovakia.

Beginning its OOH operations in Slovakia in 1990, JCDecaux SE (Euronext Paris: DEC), the world’s largest outdoor advertising company, announced on December 14 that it had signed a merger agreement with Akzent Bigboard, the outdoor advertising division of JOJ Media House Group, the country’s top media group. The transaction’s conclusion is contingent upon customary regulatory requirements. As per the deal, ATSBG Holding GmbH, a subsidiary of JCDecaux, will control 60% of the newly established joint venture, while JOJ Media House will possess 40%.