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04/11/2008
Q3 revenues up 1.6% to €495.6 million, supported by solid organic revenue growth (+5.2%)
20/10/2008
JCDecaux wins landmark Dubai International Airports’ exclusive advertising contract for 10 years
14/10/2008
JCDecaux and News Corporation call off discussions regarding News Outdoor Group
13/10/2008
JCDecaux wins the contract for universal access automated public toilets for the City of Paris
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14/10/2008

JCDecaux and News Corporation call off discussions regarding News Outdoor Group

 

Paris and New York, October 14, 2008 - JCDecaux SA (Euronext Paris: DEC) and News Corporation (NYSE: NWS, NWS.A) have ended discussions regarding a potential transaction relating to News Outdoor Group. Both companies recognize that economic and capital market conditions have made it increasingly difficult to conclude strategic partnerships on this scale.

On September 11, 2008, JCDecaux announced that the two companies had entered into exclusive discussions regarding a potential transaction that contemplated the combination of certain assets of JCDecaux and News Outdoor Group for cash and shares. JCDecaux is the number one outdoor advertising company in Europe and Asia-Pacific and the number two worldwide. News Outdoor Group is the leading outdoor advertising company in Russia with operations in a range of markets.


Press Relations JCDecaux         Investor Relations JCDecaux
Agathe Albertini                          Martin Sabbagh
Tel: +33 (0)1 30 79 34 99           Tel: +33 (0)1 30 79 79 93
Fax: +33 (0)1 30 79 75 39          Fax: +33 (0)1 30 79 77 91
agathe.albertini@jcdecaux.fr     martin.sabbagh@jcdecaux.fr

Press Relations News Corporation      News Corporation
Teri Everett                                           Reed Nolte (Investor Relations)
Tel: 212-852-7070                                Tel: +1 212 852 7059
teverett@newscorp.com

 




:: JCDecaux and News Corporation call off discussions regarding News Outdoor Group (29 Ko)
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