Announced
Completed
Financials
Tags
Australia
Public
Natural
Completed
Publishing
Acquisition
newspaper
publishing
Single Bidder
Synopsis
Seven West Media, a national multi-platform media business based in Australia, acquired the remaining 50% stake in Community News, Australian publishing firm, from News Corp Australia, a media company. Financial terms were not disclosed. The acquisition cements Seven West Media’s domination of print media in West Australia. “Seven West Media is now delighted to announce that we will be acquiring the remaining shares that it does not already own in Community News, a business with deep connections and engagement within the local communities of Perth and Mandurah,” Maryna Fewster, chief executive Seven West Media.
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