M&A Deal Summary

News Corp Acquires APN News - Australian Regional Media

On June 22, 2016, News Corp acquired publishing company APN News - Australian Regional Media from ARN Media for 37M AUD

Acquisition Highlights
  • This is News Corp’s 2nd transaction in the Publishing sector.
  • This is News Corp’s 11th largest (disclosed) transaction.
  • This is News Corp’s 2nd transaction in Australia.

M&A Deal Summary
Date 2016-06-22
Target APN News - Australian Regional Media
Sector Publishing
Buyer(s) News Corp
Sellers(s) ARN Media
Deal Type Divestiture
Deal Value 37M AUD

Target

APN News - Australian Regional Media

Australia
APN News - Australian Regional Media publishes paid daily regional papers in Mackay, Rockhampton, Gladstone, Bundaberg, Hervey Bay, Gympie, Sunshine Coast, Toowoomba, Ipswich and Warwick.

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Buyer(S) 1

Buyer

News Corp

New York, New York, United States
Category Company
Founded 2012
Sector Diversified
Employees25,000
Revenue 9.9B USD (2023)
DESCRIPTION

News Corp is a diversified international media and entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers; book publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and the Pacific Basin. News Corp was formed in 2012 and is based in New York City.

DEAL STATS #
Overall 20 of 24
Sector (Publishing) 2 of 2
Type (Divestiture) 4 of 6
Country (Australia) 2 of 2
Year (2016) 1 of 1
Size (of disclosed) 11 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-30 Amplify Education

Brooklyn, New York, United States

Amplify Education (formerly Wireless Generation), makes online software that allows teachers to track student progress and tailor instruction individually. Amplify is reimagining the way teachers teach and students learn. We enable teachers to manage whole classrooms and, at the same time, empower them to offer more personalized instruction, so that students become more active, engaged learners.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-28 GyanMatrix Technologies Pvt.

Bengaluru, India

GyanMatrix Technologies Pvt. Ltd. is a provider of analytical engineering and mobile development services. GyanMatrix Technologies Pvt. Ltd. was established in 2015 and is headquartered in Bengaluru, India.

Buy -

Seller(S) 1

SELLER

ARN Media

Sydney, Australia
Category Company
Founded 1988
Sector Publishing
Employees5,340
Revenue 334M AUD (2023)
DESCRIPTION

ARN Media is a provider of printing and publishing newspapers, magazines, directories and general printing, radio broadcasting, specialist transit and static outdoor advertising services. ARN Media was founded in 1988 and is based in Sydney, Australia.

DEAL STATS #
Overall 3 of 3
Sector (Publishing) 2 of 2
Type (Divestiture) 3 of 3
Country (Australia) 2 of 2
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-30 Radio 96FM Perth Pty

East Perth, Australia

Radio 96FM Perth Pty Ltd. is a provider of radio broadcasting services.

Buy $78M
Mergr

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