May 19 (Reuters) - Southern Cross Media Group Ltd (SXL)
- Executed agreements for sale of SCA's Northern NSW (nnsw) television assets and operations to win television network
- SCA will use proceeds of sale to further reduce leverage and financing costs, while enhancing future balance sheet flexibility.
- Estimated FY2018 EBITDA impact from disposal of group's nnsw Tv operations is $10m
- Now expects FY2017 trading EBITDA will fall slightly below prior year's EBITDA of $168m
News: SXL Southern Cross Media Group updates on agreement for sale of NNSW TV operations
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Mkt cap ! $119.9M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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