Announced
Completed
Financials
Tags
Friendly
Majority
Australia
Acquisition
Radio and TV Broadcasters
Domestic
radio network
Private
Single Bidder
Completed
Synopsis
HT&E, an Australian media company, completed the acquisition of Grant Broadcasters, an Australian regional radio network, for $225m. "We are delighted to be announcing this transaction today with Grant Broadcasters – a broadcasting business of the highest quality and a fantastic, family-owned Australian success story that Janet Cameron and her family should be incredibly proud of. The station brands they have created have served their local communities with great commitment for decades, playing a pivotal role in the lives of their audiences, and we look forward to continuing that tradition," Hamish McLennan HT&E Chairman.
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