Announced
Completed
Financials
Sources
Tags
Media Agencies
digital offering
publishing
magazine
broadcasting
radio
Media
United Kingdom
Public
Completed
Friendly
Single Bidder
Acquisition
Synopsis
News, an American mass media and publishing company, completed the acquisition of Wireless Group, a radio and digital broadcasting network with headquarters in Belfas, for £220m. "This acquisition eloquently illustrates our belief in the United Kingdom as a place to invest and do business. The strength of Wireless, with its digital and international capabilities, especially in sports coverage, will help our publishing brands engage with readers and advertisers. We are proud to welcome this valuable company with much potential into News Corp’s family of businesses," Robert Thomson, News CEO.
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