Australia's Nine Entertainment said that they are aiming to raise US$1.1 billion through an initial public offering.
Tags: Nine Entertainment
Journalists of Australian Newspapers Begin Strike vs. Nine Network Hours Before Paris Olympics
Hundreds of newspaper journalists of Australian commercial media outlet Nine began its nationwide five-day strike to oppose a pay offer from company management while the media firm is set to broadcast the Paris Olympics.
Australian IPO poised to grow in 2014 despite poor performance this year
The initial public offering (IPO) pipeline of Australia is set to improve along with merger and acquisition activity in 2014 despite poor performances this year, according to investment bank UBS.
Nine Network to do IPO at the ASEX
The Australian Securities Exchange would be the venue for the IPO of Nine Network. The firm that owns Nine Network would start trading on the Australian Securities Exchange by December 6.
Nine Entertainment plans AUD 600 million Australian IPO- source
Nine Entertainment would raise AUD 600 million for its IPO in Australia, a source said. A source told Reuters that Nine Entertainment Co would be going public.
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U.S. media executive Harry Sloan has approached private equity firm CVC Capital Partners CVC.UL to buy a controlling stake in Nine Entertainment.
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