Bauer Media Australia's German owners may be forced to pay the full $40 million to Seven West Media for Pacific Magazines due to a financial guarantee given to the local company by its parent entity even if it chose to close its business in Australia.
Bauer Media chief executive Brendon Hill. Jacky Ghossien
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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
