Southern Cross Media Group Says Sandon Capital More Than Halves Stake

MT Newswires Live

01/07

Southern Cross Media Group (ASX:SXL) said that Sandon Capital more than halved its stake in the firm to 5.5% as of Wednesday from 11.3% previously, according to a same-day Australian bourse filing.

The activist fund manager now holds around 26.3 million shares in the firm.

Southern Cross Media Group's shares fell nearly 1% in recent trading on Wednesday.

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