Radio takeover edges closer
A proposal by ARN Media to acquire Southern Cross Media Group is becoming more likely following a revised offer.
Southern Cross Media
ASX edges into green; iron ore rebounds
Vitamins group Nature’s Care in receivership. ANZ boss says rate cuts may not come this year. Iron ore futures back above $US100. China economic data slightly better than expected. Superloop drops.
ARN Media sweetens bid for rival
The prolonged battle to gain control of Southern Cross Media Group by ARN Media continues, with it now putting more money on the table.
Spheria hopes media rivals’ directors will agree to sale
Appen’s share price is on a wild ride as ARN Media shareholders turn up the heat on Southern Cross Media Group.
Southern Cross rejects takeover by ARN Media
The proposed takeover of Southern Cross Media has been rejected but the company continues to be open to further offers.
Big banks lift ASX 200 to record close
PwC partners back ‘milestone’ governance overhaul. Helia, BHP, Woodside, Rio cop ex-div price hits. Ramelius halts over possible Canadian buy. Southern Cross Media’s push for higher ARN-Anchorage bid.
Former Seven chief sounded out by Anchorage
While ARN Media is tussling with takeover target Southern Cross Media, bidding partner Anchorage Capital Partners is looking for executives to run the assets if the bid succeeds.
Triple M owner’s profit tanks 77pc after ‘difficult half’
Southern Cross Media, which owns Triple M and Hit radio networks, has recorded a huge fall in profit as it cuts costs and weighs up the proposed acquisition by ARN Media.
Southern Cross hopes result bolsters suitor’s offer
The media sector is under close watch as takeover target Southern Cross Media Group on Thursday delivers its half-year result while global giants create ripples across Asia Pacific operations.
Southern Cross, ARN bicker over deal
Tensions are believed to be building between the board and management teams of Southern Cross Media and its suitor, ARN Media, which has delivered a $9.8m loss for 2023
New kingmaker in Southern Cross battle
Spheria Asset Management is shaping up to have influence in ARN Media’s plans to buy Southern Cross Media Group after lifting its interest in the two rival radio broadcasters.
Southern Cross Media boss upbeat as takeover rolls on
John Kelly was only a few months into the top job when ARN Media moved to take over the media company.
ARN given green light to keep Southern Cross shares
The owner of radio networks including KIIS FM and Gold has been given approval to keep its stake in rival radio network Southern Cross Media and progress with its takeover plan.
ARN Media asks for sole access to Southern Cross data room
Triple M and Hit radio network owner Southern Cross Media Group is yet to tell its rival KIIS FM owner ARN Media whether it is in favour of its buyout offer.
ARN seeks review of forced Southern Cross share sale
The bid for ARN to take over Southern Cross has hit a major roadblock and now faces a significant delay over a decision forcing it to sell shares.
Anchorage Capital weighs MediaWorks buy
The Australia-based private equity firm may create a trans-Tasman broadcaster and outdoor advertiser with Southern Cross and MediaWorks assets.
Jarden buying up Southern Cross shares for mystery party
The regional television and radio broadcaster Southern Cross is suddenly in the spotlight after its recent bid from rival ARN Media.
Southern Cross rebuffs Antony Catalano’s offer
Southern Cross is rejecting a merger proposal from the Domain Group founder, but is yet to determine whether to back a buyout offer led by ARN Media.
Seven West Media raids ARN register
Seven West Media has created a major upset in the battle for Southern Cross Media Group by sweeping up 19.9 per cent of the stock of its suitor, ARN Media.
How Catalano plans to turbocharge Southern Cross
The media entrepreneur is back with a project to create a substantial uplift in earnings for Southern Cross Media Group.
Original URL: https://www.theaustralian.com.au/topics/southern-cross-media/page/2