AUN Aurumin Limited

0.04

0.001 (2.56%)

31 May 2024 - Closed

Delayed by 20 minutes

Share Name	Share Symbol	Market	Type
Aurumin Limited	ASX:AUN	Australian Stock Exchange	Ordinary Share

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.001	2.56%	0.04	0.039	0.041	0.041	0.04	0.041	1,397,157	07:12:02

Austar Expects Foxtel Transaction To Be Finalized Early 2012

27/10/2011 12:14am

Dow Jones News

Aurumin (ASX:AUN)
Historical Stock Chart

From Jun 2019 to Jun 2024

Austar United Communications Ltd. (AUN.AU) said Thursday it expects the 1.9 billion Australian dollar (US$1.98 billion) takeover of the company by fellow pay television operator Foxtel to be finalized by early next year.

Austar, which operates a pay television service in regional Australia, and Foxtel need approval from the Australian Competition and Consumer Commission before the deal can go ahead. The ACCC is due to make a decision by Nov. 30.

Austar said in a statement it has made further submissions to the ACCC addressing its concerns about the deal's impact on competition in the pay television sector.

Foxtel is 50% owned by Telstra Corp. (TLS), and 25% each by Consolidated Media Holdings Ltd. (CMJ.AU) and News Corp. (NWS), the owner of this newswire.

-By Gavin Lower, Dow Jones Newswires; 61-3-9292-2095; gavin.lower@dowjones.com