澳大利亚的监管者以缺乏直接竞争为由,批准南部十字接管七西部。
Australia’s regulator approves Southern Cross takeover of Seven West, citing lack of direct competition.
澳大利亚的竞争监管者已批准南十字媒体(Southern Cross Media)提议接管七大西媒体,
Australia’s competition regulator has approved Southern Cross Media’s proposed takeover of Seven West Media, clearing a major hurdle.
ACC发现这些公司不是竞争对手,South Cross的焦点是收音机和播客,而7个公司经营免费电视和WA报纸。
The ACCC found the companies are not close competitors, with Southern Cross focused on radio and podcasts, while Seven operates free-to-air TV and WA newspapers.
副会长Mick Keogh说,流线和在线广告确保持续市场竞争。
Deputy chair Mick Keogh said streaming and online advertising ensure ongoing market competition.
9月宣布的这项协议支持克里·斯托克斯在领导联合公司后于2月退休的计划。
The deal, announced in September, supports Kerry Stokes’ plan to retire in February after leading the combined company.
Seven West 报告称收入下降 4%,利润减半至 3000 万美元,股价为 13.5 美分,八年内没有股息。
Seven West reported a 4% revenue decline and profit halved to $30 million, with shares at 13.5 cents and no dividends in eight years.
根据规定,南十字将拥有新实体的50.1%,即7个股东49.9%。
Under the terms, Southern Cross will own 50.1% of the new entity, Seven shareholders 49.9%.
最后的批准取决于澳大利亚通信和媒体管理局。
Final approval depends on the Australian Communications and Media Authority.