BRIEF-Nine Acquires Digital Outdoor Media Platform QMS Media

Reuters
Jan 30
BRIEF-Nine Acquires Digital Outdoor Media Platform QMS Media

Jan 30 (Reuters) - Nine Entertainment Co Holdings Ltd NEC.AX:

  • NINE ACCELERATES STRATEGIC TRANSFORMATION

  • SALE OF NINE'S BROADCAST RADIO ASSETS

  • ACQUISITION OF A LEADING DIGITAL OUTDOOR MEDIA PLATFORM, QMS MEDIA

  • REACHED AN AGREEMENT WITH QUADRANT PRIVATE EQUITY TO ACQUIRE 100% OF ISSUED CAPITAL OF QMS FOR A$850M

  • TO SELL NINE’S BROADCAST RADIO ASSETS TO LAUNDY FAMILY OFFICE ON CASH & DEBT FREE ENTERPRISE VALUE OF A$56M

Further company coverage: NEC.AX

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10