ASX-listed Southern Cross Media keen on NZME's radio empire

Mon, 27 Feb 2017

By Paul McBeth Feb. 27 (BusinessDesk) - ASX-listed Southern Cross Media Group has confirmed it's keen on NZME's New Zealand radio empire, The Radio Network, and has let the Kiwi company know so. Southern Cross Media, which owns several regional radio and television stations in Australia, has expressed interest in "potentially acquiring the New Zealand radio assets of NZME" provided they can be carved out of the Kiwi company's print business, it said in a statement to the ASX. The interest is in line with the Australian company's focus on...

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