Original article by Jake Mitchell
The Australian – Page: 19 & 22 : 1-Apr-16
UBS’s Justin Dwyer says the Australian Government’s proposed changes to cross-media ownership laws may prompt renewed interest in local media companies among their offshore peers and private equity firms. He suggests that companies which made offers to buy the Ten Network in 2015 could be among the potential suitors. Meanwhile, Greg Peirce of UBS says the media industry’s "structural challenges" may have more influence on merger activity in the sector than government reforms.
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UBS HOLDINGS PTY LTD, TEN NETWORK HOLDINGS LIMITED – ASX TEN, PROVIDENCE EQUITY PARTNERS INCORPORATED, DISCOVERY COMMUNICATIONS INCORPORATED, CREDIT SUISSE (AUSTRALIA) LIMITED, DEUTSCHE BANK AG, DICK SMITH HOLDINGS LIMITED – ASX DSH, AUSTRALIA. SENATE STANDING COMMITTEE ON ENVIRONMENT, COMMUNICATIONS, INFORMATION TECHNOLOGY AND THE ARTS, THOMSON REUTERS PLC