HT&E completes Grant Broadcasters acquisition

January 4, 2022 11:02

ARN’s parent company Here, There, & Everywhere, (HT&E) has completed its acquisition of Grant Broadcasters. The acquisition will mean the amalgamation of Australian Radio Network (ARN) and one of Australia’s oldest regional radio company, Grant Broadcasters, under one company.

The sale is worth $307.5 million on a cash and debt free basis, with 22.5% in HT&E shares, equating to 11% holding in HT&E. Grant’s current CEO Alison Cameron will be joining the HT&E Board and current COO Rick Lenarcic joining ARN’s executive leadership team.

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Emma Shepherd

Emma Shepherd was the acting deputy editor at Mumbrella who has over seven years of print and digital experience in the industry and has previously worked as a reporter for media outlets Bauer Media (now Are Media), Yahoo Australia, and a content strategist and writer for various independent marketing agencies.

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