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Seven West Media Limited ( (AU:SWM) ) has shared an update.
Seven West Media Limited has announced a merger with Southern Cross Media Group Limited to form a leading integrated media company in Australia. The merger aims to enhance scale and reach across various media platforms, targeting high-value audiences and unlocking shareholder value through cost and revenue synergies. The combined entity will be co-led by Jeff Howard as Managing Director and CEO, and the merger is expected to bring significant strategic and financial benefits to both companies.
The most recent analyst rating on (AU:SWM) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Seven West Media Limited stock, see the AU:SWM Stock Forecast page.
More about Seven West Media Limited
Seven West Media Limited is a diversified media company operating in the Australian market, offering free-to-air television, streaming, audio, digital, and publishing services. The company focuses on delivering content across metropolitan and regional areas, positioning itself strongly in the Australian advertising market.
Average Trading Volume: 941,500
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$215.5M
Find detailed analytics on SWM stock on TipRanks’ Stock Analysis page.