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Oaktree to keep 60% of MediaWorks post merger

Details of merger with QMS NZ announced.

Tim Hunter
Mon, 10 Dec 2018

ASX-listed outdoor advertising company QMS will take a 40% stake in an expanded MediaWorks under a merger deal between the Kiwi broadcaster and QMS New Zealand.

Details of the agreement, first announced on November 29, were released to the ASX by QMS today.

MediaWorks’ owner, US distressed

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Tim Hunter
Mon, 10 Dec 2018
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Oaktree to keep 60% of MediaWorks post merger
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