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Waislitz and Catalano's ACM investment unveiled

Alex Waislitz's public and private investment firms have invested in ACM and Antony Catalano will hold half of the regional publishing business.

Max Mason

Antony Catalano made millions from Fairfax Media, and now the extent of his personal bet on one of its former businesses, along with that of his friend and business partner Alex Waislitz, has been revealed.

On Monday, Mr Waislitz's ASX-listed Thorney Opportunities unveiled the new ownership structure for Australian Community Media following its $125 million sale by Nine, owner of The Australian Financial Review.

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Max Mason covers financial crime, courts 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

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    Original URL: https://www.afr.com/companies/media-and-marketing/waislitz-and-catalano-s-acm-investment-unveiled-20190708-p5255y