Bauer completes purchase of Pacific Magazines
Media update

Bauer completes purchase of Pacific Magazines

Seven West Media has announced to the Australian Securities Exchange (ASX) it has completed the sale of Pacific Magazines to Bauer Media Group Australia. The deal was completed for AU$40 million in cash consideration, pre-adjustments and leave provisions, as well as AU$6.6 million in advertising over three years in Bauer publications. Earlier this week Bauer Media Group Australia announced a raft of COVID-19 related print-title suspensions and staff redundancies, and temporary stand-downs.

Telum Media

Database

Not yet a client and interested in learning more about the benefits of a Telum Media database subscription?

Book a Demo

PR News

Stay informed with our weekly regional PR News Alerts featuring the latest PR industry moves and insights.