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Southern Cross Media Fends Off Sandon Capital’s Board Shake-Up Bid
2:49am on Monday 2nd of June, 2025 AEST
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Southern Cross Media Fends Off Sandon Capital’s Board Shake-Up Bid
2:49am on Monday 2nd of June, 2025 AEST
Key Points
Sandon Capital proposes removal of four Southern Cross directors
Major shareholders holding over 50% support current board
Strong audio revenue growth and improved cost guidance for FY25
Agreement to sell regional TV assets to Seven West Media
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SOUTHERN CROSS MEDIA (ASX:SXL)
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