Sept 4 (Reuters) - APN Outdoor Group Ltd APO.AX :
* Acquisition of drive by media development assets APO.AX
* Says announces its entry into an agreement to acquire the development assets of drive by media
* Says agreement secures 12 development locations suitable for 19 large format billboards throughout Victoria and Queensland
* Says approval of all sites provides a revenue opportunity of up to $7M per annum
* Consideration is only payable when development approvals in accordance with pre-agreed site specifications are delivered
* Says approved sites are expected to be commissioned over the next two years
* Source text for Eikon ID:nASX72BRzh
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