MRN macquarie media limited
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News: MRN Australia's Nine Entertainment offers to buy Macquarie Media

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    12/08/19
    08:40
    Post #: 39958519

    Aug 12 (Reuters) - Australian broadcaster Nine Entertainment Co Holdings Ltd (NEC) said on Monday it has offered to buy Macquarie Media Ltd (MRN) for an enterprise value of A$275.4 million ($186.80 million).

    The broadcaster said it would buy Macquarie Media through its unit Fairfax Media Ltd in an all-cash offer valued at A$1.46 per Macquarie share.

    ($1 = 1.4743 Australian dollars)

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