SYDNEY, Feb 21 (Reuters) - West Australian Newspapers said it had agreed to buy Seven Media Group in a deal worth A$4.1 billion ($4.15 billion), the company said on Monday.
West Australian Newspapers said it would raise A$1.154 billion to fund the acquisition.
WAN agreed to buy Seven Media Group from private equity firm Kohlberg Kravis Roberts and Kerry Stokes' Seven Group . ($1 = 0.988 Australian Dollars)
(Reporting by Michael Smith) Keywords: WAN/TRANSACTION (Sonali.Paul@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
West Australian Newspapers said it would raise A$1.154 billion to fund the acquisition.
WAN agreed to buy Seven Media Group from private equity firm Kohlberg Kravis Roberts and Kerry Stokes' Seven Group . ($1 = 0.988 Australian Dollars)
(Reporting by Michael Smith) Keywords: WAN/TRANSACTION (Sonali.Paul@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
