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KIIS FM owner ARN Media teams up with PE to bid for Southern Cross

KIIS FM’s owner ARN Media is working with buyout fund Anchorage Capital Partners to lob a bid for rival radio station owner Southern Cross Media, Street Talk can reveal.

KIIS’s star radio hosts Kyle and Jackie O.  

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/kiis-fm-s-owner-arn-media-teams-up-with-pe-to-bid-for-southern-cross-20231017-p5ed27