Laundy Group – Nine Radio

Spike Media Pty Ltd, a newly-formed entity under the control of Arthur Laundy, proposes to acquire 100% of the shares in Nine Radio Pty Limited (Nine Radio) from Fairfax Media Limited, a wholly-owned subsidiary of Nine Entertainment Co. Holdings Limited.

Arthur Laundy currently controls the Laundy Group, which operates over 40 hospitality venues throughout New South Wales through Laundy Hotels Pty Ltd and invests in Australian assets, including in commercial property, sports, tourism, hospitality, events and accommodation.

Nine Radio is an Australian broadcaster engaged in commercial radio broadcasting through its radio stations in Sydney (2GB and 2UE), Melbourne (3AW and Magic 1278), Brisbane (4BC and 4BH), and Perth (6PR). Nine Radio also offers these radio stations through linear radio broadcast live streaming distributed via Nine Radio websites and apps, in addition to on-demand catch-up podcasts and other original podcasts.