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Myriam Robin

Seven no longer an equal partner in Koch's side-business

Myriam RobinSenior writer
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Seven West Media's execs past and present really have looked under every rock for spare change.

The company's FY20 accounts reveal it now owns a mere 0.2 per cent of breakfast TV star (and Port Adelaide chairman) David Koch's online financial advice business Money Makeover. According to ASIC filings, in September 2018 Seven sold its stake to Koch, retaining a single share in the business' 510 on issue.

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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
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    Original URL: https://www.afr.com/rear-window/seven-no-longer-an-equal-partner-in-koch-s-side-business-20200825-p55p4t