Announced

Completed

DTN completed the acquisition of a 75% stake in Weatherzone from Nine Entertainment.

Synopsis

DTN, a provider of information and business intelligence services, completed the acquisition of a 75% stake in Weatherzone from Nine Entertainment. Financial terms were not disclosed. Weatherzone is a commercial provider of meteorological services in Australia, and specialises in providing services to weather-dependent businesses such as aviation, mining and transportation. “We are pleased to have successfully completed a deal with DTN for the sale of Nine’s 75% holding in Weatherzone. This is a mutually beneficial deal which sees us exiting a non-core business in order to focus on Nine’s portfolio of high-growth, digital, consumer-facing assets," Hugh Marks, Nine CEO.

Principals

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US