Seven West-Southern Cross deal finalised

SWM officially absorbed by SCA in completed takeover

Southern Cross Media Group (SCA) has completed its $385 million acquisition of Seven West Media (SWM), following shareholders’ near-unanimous approval last month and the New South Wales Supreme Court’s approval of the scheme of arrangement. Under the all-scrip deal, SWM shareholders received 0.1552 SCA shares for each SWM share, with trading in the new SCA entity set to begin this week. SWM will be delisted from the ASX, marking the end of its r…

Seven West-Southern Cross deal finalised

Southern Cross Media Group has sealed its acquisition of Seven West Media after securing approvals, as SWM's chief financial officer announces his departure from the merged media company.

Seven CFO gone as SCA merger takes effect

With the merger between Seven West Media and Southern Cross Austereo completed today, Seven chief financial officer Craig Haskins is the first executive to go.SCA informed the market that Haskins will depart in the first quarter, with Toby Potter remaining as Southern Cross CFO on an interim basis, while a search for a permanent CFO […]

Southern Cross Media Completes Acquisition of Seven West Media

Southern Cross Media Group Limited (ASX:SXL) has successfully implemented the Scheme of Arrangement to acquire all issued shares in Seven West Media Limited (Seven). Southern Cross now holds all shares in Seven. Southern Cross Media Group merged with Seven West Media in January 2026 to create one of Australia’s most prominent media companies, with a market-leading presence across broadcast television, audio, publishing and digital. The company o…