Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: Online : 5-Nov-25

An independent report from risk advisory firm Kroll has concluded that the proposed merger with Seven West Media is in the best interests of Southern Cross Media Group’s shareholders. Kroll found that it is a good deal for the radio station group’s investors, given that the company will contribute 47.3 per cent of the "relative underlying value" and have a 50.1 per cent stake in the merged entity. Southern Cross chairman Heith Mackay-Cruise has defended the proposed merger, noting that the traditional media landscape is facing a number of challenges. He has also confirmed that Southern Cross has not been approached by any other potential suitors.

CORPORATES
SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, SEVEN WEST MEDIA LIMITED – ASX SWM, KROLL