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Southern Cross Completes Acquisition of Seven West Media Ahead of ASX Delisting

Story Highlights
  • Southern Cross Media has acquired all shares in Seven West Media via a completed Scheme of Arrangement.
  • Seven West Media shareholders receive Southern Cross scrip as SWM prepares for ASX delisting and trading of new shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Southern Cross Completes Acquisition of Seven West Media Ahead of ASX Delisting

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The latest announcement is out from Seven West Media Limited ( (AU:SWM) ).

Seven West Media Limited has completed its Scheme of Arrangement with Southern Cross Media Group Limited, under which Southern Cross has acquired all issued shares in Seven West Media. Shareholders in Seven West Media have received 0.1552 Southern Cross shares for each Seven West Media share held at the scheme record date, and the new Southern Cross shares are scheduled to begin trading on an ordinary settlement basis on 8 January 2026. Trading in Seven West Media shares was suspended on 24 December 2025, and the company will now proceed to terminate its quotation and be removed from the ASX official list, effectively consolidating its operations under Southern Cross and reshaping the ownership landscape in Australia’s media sector.

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 Limited is an Australian media company listed on the ASX, operating across television, digital and print platforms. It is a key player in the national media and entertainment market, with a focus on advertising-funded broadcasting and content distribution to Australian audiences.

Average Trading Volume: 1,273,791

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$192.4M

Find detailed analytics on SWM stock on TipRanks’ Stock Analysis page.

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