Original article by Hamish Hastie
The Sydney Morning Herald – Page: Online : 28-May-19
Seven West Media has struck a deal to buy out News Corp Australia’s 50.1 per cent stake in their Community News joint venture in Perth. Seven West Media’s Maryna Fewster says the portfolio of 12 community newspapers and 17 digital titles will complement the company’s existing media assets in Western Australia. Community News was incorporated in 1985, and its acquisition by Seven West Media will be completed by the start of July.
CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, COMMUNITY NEWS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC