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Seven West Media and Southern Cross Media Unite to Forge Australia’s Media Giant
8:58am on Tuesday 30th of September, 2025 AEST
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Media
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Seven West Media and Southern Cross Media Unite to Forge Australia’s Media Giant
8:58am on Tuesday 30th of September, 2025 AEST
Key Points
All-scrip merger with Seven West Media shareholders receiving 0.1552 Southern Cross shares each
Combined entity to own 49.9% by SWM shareholders and 50.1% by SCA shareholders
Expected $25m-$30m annual cost synergies within 18-24 months post-completion
Balanced board with leadership transition planned between Kerry Stokes AC and Heith Mackay-Cruise
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