DossierENTITY

Southern Cross Media

Coverage of Southern Cross Media in the Nexus archive.

Earliest in view: May 27 · 06:24 UTCMost recent: May 27 · 06:24 UTC

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BUSINESSMay 27 · 06:24 UTCTHE GUARDIAN WORLD
Gina Rinehart bankrolls purchase of 10% stake in Seven network owner Southern Cross Media
Gina Rinehart, Australia’s richest person, has funded Bruce McWilliam’s $26m acquisition of a 10% stake in Southern Cross Media, which owns the Seven Network and other media assets. The deal includes a contingency allowing Rinehart to control shares if McWilliam breaches terms.