Sports Entertainment Group LimitedASX: SEG

SEG Agreed to acquire MediaWorks

· Issued by Sports Entertainment Group Limited

Filed with ASX · · 4 pages · English

Summary by 6ix AI

Sports Entertainment Group Limited has announced its agreement to acquire MediaWorks, New Zealand's leading audio business, for a significant enterprise value. Funding for the acquisition will come from existing cash reserves and a new senior debt facility, along with a planned equity raising. Completion of the acquisition is targeted for October, subject to customary conditions including regulatory approvals.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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