Laundy Family Office entered into an agreement to acquire Broadcast Radio Assets of Nine Entertainment Co. Holdings Limited (ASX:NEC) for AUD 56 million on January 30, 2026. A cash consideration of AUD 56 million will be paid by Laundy Family Office. As part of consideration, AUD 56 million is paid towards Broadcast Radio Assets of Nine Entertainment Co. Holdings Limited. In a related but separate transaction, Nine Entertainment Co. Holdings Limited will acquire QMS Media Pty Limited. In combination, the transactions are expected to be marginally EPS accretive.
The expected completion of the transaction is prior to June 30 2026.
Jefferies Pty Ltd acted as financial advisor for Nine Entertainment Co. Holdings Limited.
Nine Entertainment Co. Holdings Limited is an Australia-based media company. It is focused on providing brands spanning news, business and finance, lifestyle, entertainment and sport. Its segments include Broadcasting, Digital and Publishing, Domain Group, and Stan. Broadcast segment includes free to air television activities, 9Now and metropolitan radio networks in Australia. Its Digital and Publishing segment includes Nine Digital (Nine.com.au and other digital activities) and Metropolitan Media (metropolitan news, sport, lifestyle and business media across various platforms). Its Domain Group segment includes real estate media and services businesses. Its Stan segment offers subscription video on demand service. Its assets include the 9Network, The Sydney Morning Herald, The Age and Australian Financial Review and digital properties such as nine.com.au, 9Honey, Pedestrian Group, and Drive, subscription video platform Stan, talk-back radio and investments in Domain and Future Women.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
