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Southern Cross Media Completes TV Exit with $24M Sale to Seven West Media
3:15am on Monday 2nd of June, 2025 AEST
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Southern Cross Media Completes TV Exit with $24M Sale to Seven West Media
3:15am on Monday 2nd of June, 2025 AEST
Key Points
Binding agreement signed with Seven West Media for TV assets sale
Upfront consideration of $3.75 million, total proceeds estimated between $19-24 million
Sale completion expected by 30 June 2025
Divestment aligns with Southern Cross Media’s All About Audio strategy
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Southern Cross Media (ASX:SXL)
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