Nine’s radio assets sold to Laundy consortium for $56 million
Nine Entertainment has finalised the sale of its radio assets – with the Laundy Family Office to take ownership of 2GB, 3AW, 4BC,2UE, Magic 1278 and 4BH on a cash and debt free enterprise value of $56 million. The winning consortium is headed up by billionaire Arthur Laundy. The sale is expected to be completed… Read More
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