Foxtel/Austar

Foxtel tables Austar takeover

Australia's pay-TV industry enters consolidation mode as Foxtel offers to take over Austar in a $2 billion deal.
<div style="text-align: left;"> Foxtel is hoping to crack the outback market through Austar </div>
<div style="text-align: left;"> Foxtel is hoping to crack the outback market through Austar </div>
May 27, 2011

Foxtel has offered to take over Austar for an equity value of A$1.93 billion ($2.04 billion) in a deal that will consolidate two of Australia’s pay-television operators.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media