Ninetrade Mobile Site Logo
Subscribe Subscription Envelope Icon
Connect with Us Connect Link Icon Subscription Cross Icon
Sidebar Menu Icon Sidebar Cross Icon
  • About Us
    • Management
    • Our Name
    • Our History
    • Nine Cares
    • Careers at Nine
    • Program Submissions
    • Viewer Feedback
    • Contact Us
  • Brands
    • Television
    • Broadcast Video on Demand
    • Radio
    • Digital & Print
    • Subscription Video on Demand
    • Events
  • Advertise
    • Solutions
    • Advertising Enquiries
    • Case Studies
    • Powered by Nine
    • Our Audience
    • Advertising Terms & Conditions
  • Research
    • Research
    • Consumer Pulse
  • Ad Specs
    • Broadcast
    • Digital
    • Print and Magazines
    • Radio
  • News
    • Insight & Opinion
    • Media Releases
    • Media Preview Lounge
  • Investors
    • Financial Reports
    • ASX Announcements
    • Share Price
  • Upfront 2021
Subscribe Subscription Envelope Icon
Ninetrade Mobile Site Logo
Subscribe Subscription Envelope Icon
Connect with Us Connect Link Icon Subscription Cross Icon
Sidebar Menu Icon Sidebar Cross Icon
  • About Us
    • Management
    • Our Name
    • Our History
    • Nine Cares
    • Careers at Nine
    • Program Submissions
    • Viewer Feedback
    • Contact Us
  • Brands
    • Television
    • Broadcast Video on Demand
    • Radio
    • Digital & Print
    • Subscription Video on Demand
    • Events
  • Advertise
    • Solutions
    • Advertising Enquiries
    • Case Studies
    • Powered by Nine
    • Our Audience
    • Advertising Terms & Conditions
  • Research
    • Research
    • Consumer Pulse
  • Ad Specs
    • Broadcast
    • Digital
    • Print and Magazines
    • Radio
  • News
    • Insight & Opinion
    • Media Releases
    • Media Preview Lounge
  • Investors
    • Financial Reports
    • ASX Announcements
    • Share Price
  • Upfront 2021
Subscribe Subscription Envelope Icon
Ninetrade Site Logo
  • About Us
    • Management
    • Our Name
    • Our History
    • Nine Cares
    • Careers at Nine
    • Program Submissions
    • Viewer Feedback
    • Contact Us
  • Brands
    • Television
    • Broadcast Video on Demand
    • Radio
    • Digital & Print
    • Subscription Video on Demand
    • Events
  • Advertise
    • Solutions
    • Advertising Enquiries
    • Case Studies
    • Powered by Nine
    • Our Audience
    • Advertising Terms & Conditions
  • Research
    • Research
    • Consumer Pulse
  • Ad Specs
    • Broadcast
    • Digital
    • Print and Magazines
    • Radio
  • News
    • Insight & Opinion
    • Media Releases
    • Media Preview Lounge
  • Investors
    • Financial Reports
    • ASX Announcements
    • Share Price
  • Upfront 2021

Nine Welcomes the Decision by the ACCC to Not Oppose the Proposed Merger of Nine and Fairfax

Nine Welcomes the Decision by the ACCC to Not Oppose the Proposed Merger of Nine and Fairfax

Nine Welcomes the Decision by the ACCC to Not Oppose the Proposed Merger of Nine and Fairfax

Nine Welcomes the Decision by the ACCC to Not Oppose the Proposed Merger of Nine and Fairfax

Nine Entertainment Co. Holdings Limited (Nine) (ASX:NEC) today welcomed the decision by the Australian Competition and Consumer Commission (ACCC) to not oppose the proposed merger of Nine and Fairfax, via a Scheme of Arrangement (Scheme).

The implementation of the Scheme remains subject to the approval of Fairfax shareholders (at the meeting scheduled for 19 November 2018), final court approval (27 November 2018) and the satisfaction, or where applicable waiver, of certain other conditions as outlined in the Scheme Implementation Agreement lodged with the ASX on 26 July 2018.  If all conditions are satisfied or waived, implementation is scheduled for 7 December 2018. 

The Directors of Fairfax unanimously recommend that Fairfax shareholders vote in favour of the Scheme, in the absence of a superior proposal.  Each Fairfax Director intends to vote in favour of the Scheme, in relation to the Fairfax shares held or controlled by him or her.  The Independent Expert, Grant Samuel, as detailed in the Scheme booklet, has concluded that the Scheme is in the best interests of Fairfax Shareholders, in the absence of a superior proposal.

Further information:

Nola Hodgson
Head of Investor Relations
+61 2 9965 2306
nhodgson@nine.com.au

Nic Christensen
Head of Trade and Internal Communications
nchristensen@nine.com.au

Thursday, November 8, 2018

More in Media releases

NRL on Nine: Round 4
NRL on Nine: Round 4
Nick Mckenzie named journalist of the year as Nine dominates 2020 Quill Awards
Nick Mckenzie named journalist of the year as Nine dominates 2020 Quill Awards
9Network enjoys best ever first quarter ratings lead
9Network enjoys best ever first quarter ratings lead
Ninetrade Site Logo
  • Careers at Nine
  • Help
  • Terms of Use
  • Privacy Policy
  • Advertise with Nine
© 2021 Nine Entertainment Company