The Seven Network gets $735 million in KKR deal

20 11 2006

Seven confirms new joint venture
From the article:
George Roberts, Founding partner of KKR said: “We are delighted to be entering into partnership with Kerry Stokes and Seven. We are looking forward to working with Seven’s very impressive management team to continue to build the new venture into Australia and New Zealand’s leading media company.”

Now this is going to get interesting.

If you were the Seven Network (or Seven Media Group), what would you do with $735 million?




One response

15 01 2007
KKR looking to spend over 5 billion dollars « knowledge is everywhere :: scientaestubique

[…] Dollars , Australian Dollars , Austalia , NZ Yellow Pages , Yellow Pages Directories  Putting 735 million into the Seven Network wasn’t enough for KKR, reportedly they’re now looking to spend over AU$5 billion dollars in Japan, China, Hong […]

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