- Prime Media Group Limited
Seven West Media Limited is proposing to acquire 100% of Prime Media's ordinary shares through a scheme of arrangement.
Seven West Media is a national media operator with assets including the Seven Network, print/online media platforms in Western Australia, commercial radio stations in regional Western Australia and Pacific Magazines. Prime is an Australian television network with commercial free-to-air television broadcasting licences covering a number of Australian regional areas.
Seven West Media has also announced it will divest its Western Australian regional radio assets to Southern Cross Austereo, in addition to the divestment of Pacific Magazines to Bauer Media.
|29/10/2019||ACCC commenced review under the Informal Merger Review Process Guidelines.|
|19/11/2019||Closing date for submissions from interested parties.|
|18/12/2019||Provisional date for announcement of ACCC’s findings (as outlined in the Informal Merger Review Process Guidelines, this may be a final decision or release of a Statement of Issues).|
- Alison Hill
- Tim Byrne