ARN says the SCA acquisition proposal is 'compelling'
Due diligence continues.
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Due diligence continues.
ARN Media Limited and Anchorage Capital Partners Pty Limited have today provided an update on their nonbinding indicative offer to acquire 100% of the
ARN Media Limited (ARN) and Anchorage Capital Partners Pty Limited (ACP) have today made a non-binding indicative offer to acquire 100% of the fully diluted share capital of Southern Cross Media Group Limited (SCA) through a scheme of arrangement (the “Proposed Transaction”). A copy of the Con
The country’s radio landscape could soon be dramatically reshaped, after a stunning takeover bid for Southern Cross. It had been plotted for months.
ARN Media Limited and Anchorage Capital Partners Pty Limited have today made a non-binding indicative offer to acquire 100% of the fully diluted share