Original article by Jake Mitchell
The Australian – Page: 23 : 28-Nov-16
Bauer Media Australia is said to have made an unsolicited offer earlier in 2016 to acquire the Pacific Magazines division of Seven West Media. However, the two groups are not believed to be discussing a potential deal at present. Pacific Magazines has discontinued or sold several magazine titles in 2016, while Bauer has discontinued a number of titles since it acquired ACP Magazines in 2013. Bauer Media CEO Nick Chan has previously been CEO of Pacific Magazines.
CORPORATES
BAUER MEDIA AUSTRALIA PTY LTD, BAUER MEDIA KG, PACIFIC MAGAZINES PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN NETWORK LIMITED, WEST AUSTRALIAN NEWSPAPERS HOLDINGS LIMITED, YAHOO! INCORPORATED, SMI MEDIA INCORPORATED, NEXTMEDIA PTY LTD, NOVA ENTERTAINMENT PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL