acquisition | radioinfo

acquisition

Singo sells out of Macquarie Radio

Wednesday 25 September, 2019

John Singleton has confirmed to the Australian Stock Exchange that he will sell his shares in Macquarie Media Limited to Nine Entertainment.

Singleton holds 55.3 million shares, which will now give Nine voting power over 87% of the company.

Alan Jones has also confirmed that he will sell his 1% stake in the company to Nine.

The other major shareholder, Mark Carnegie, has not yet confirmed whether he will accept Nine's offer.

Subscribe to RSS - acquisition
radioinfo ABN: 87 004 005 109  P O Box 6430 North Ryde NSW 2113 Australia.  |  All content © 1996-2021. All Rights Reserved.