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Seven West Media Limited ( (AU:SWM) ) has provided an announcement.
Seven West Media Limited has received approval from the Australian Communications and Media Authority (ACMA) for its proposed acquisition by Southern Cross Media Group Limited. This approval satisfies a key condition precedent in the Scheme Implementation Deed, allowing the process to move forward. A Scheme Meeting is scheduled for December 22, 2025, where shareholders will discuss the remaining conditions outlined in the Scheme Booklet. This development marks a significant step in the acquisition process, potentially impacting the company’s future operations and market positioning.
The most recent analyst rating on (AU:SWM) stock is a Hold with a A$0.13 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 (ASX: SWM) is a leading Australian media company with a significant presence in broadcast television, publishing, and digital platforms. It reaches over 19 million people monthly and owns prominent media businesses such as the Seven Network and its affiliate channels, 7plus, 7NEWS.com.au, The West Australian, and more. The company is known for its popular news, sports, and entertainment programming, and serves as the broadcast partner for major sporting events like the AFL and the 2026 Rugby League World Cup.
Average Trading Volume: 1,100,797
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$200.1M
For an in-depth examination of SWM stock, go to TipRanks’ Overview page.