1. Home >
  2. M&A >
  3. Divestiture >
  4. Canada >
  5. New Brunswick >
  6. Newfoundland Capital Acquires Rogers Broadcasting - CHNI-FM Radio Stattion

M&A Deal Summary

Newfoundland Capital Acquires Rogers Broadcasting - CHNI-FM Radio Stattion

On July 4, 2013, Newfoundland Capital acquired media company Rogers Broadcasting - CHNI-FM Radio Stattion from Rogers Broadcasting

Acquisition Highlights
  • This is Newfoundland Capital’s 2nd transaction in the Media sector.
  • This is Newfoundland Capital’s 2nd transaction in Canada.
  • This is Newfoundland Capital’s 1st transaction in New Brunswick.

M&A Deal Summary
Date 2013-07-04
Target Rogers Broadcasting - CHNI-FM Radio Stattion
Sector Media
Buyer(s) Newfoundland Capital
Sellers(s) Rogers Broadcasting
Deal Type Divestiture

Target

Rogers Broadcasting - CHNI-FM Radio Stattion

Saint John, New Brunswick, Canada
Rogers Broadcasting - CHNI-FM Radio Stattion comprises operating license for a radio station. The station is located in Saint John, Canada.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Newfoundland Capital

Dartmouth, Nova Scotia, Canada
Category Company
Founded 1949
Sector Media
Employees1,000
Revenue 170M CAD (2017)
DESCRIPTION

Newfoundland Capital Corporation Ltd. owns and operates Newcap Radio which is one of Canada's leading radio broadcasters with 101 broadcast licences (72 radio stations and 29 repeating signals) across Canada. The Company reaches millions of listeners each week through a variety of formats and is a recognized industry leader in radio programming, sales and networking.

DEAL STATS #
Overall 2 of 3
Sector: Media M&A 2 of 3
Type: Divestiture M&A Deals 1 of 2
State: New Brunswick M&A 1 of 1
Country: Canada M&A 2 of 3
Year: 2013 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-16 Standard Radio

Toronto, Ontario, Canada

Standard Radio, Inc. is a English radio broadcasting stations in Canada. It also operates Standard Interactive, an online music and entertainment network.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-16 Newfoundland Capital - McMurray Radio Station

Fort McMurray, Alberta, Canada

Newfoundland Capital - McMurray Radio Station comprises CHFT-FM, reaches millions of listeners each week through a variety of formats.

Sell -

Seller(S) 1

SELLER

Rogers Broadcasting

Toronto, Ontario, Canada
Category Company
Sector Media
DESCRIPTION

Rogers Broadcasting Ltd. is an owns and operator of radio broadcasting services in Canada.

DEAL STATS #
Overall 1 of 1
Sector: Media M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Brunswick M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-03 Channel Zero - Métro14 Montréal

Toronto, Ontario, Canada

Channel Zero, Inc. - Métro14 Montréal is a provider of premium programming to new audiences.

Buy -
Mergr

Solution for

Product

Company

Legal