No conversations with SWM says Ciaran Davis, but HT&E ‘can’t dictate the rumours’

With both Seven West Media and HT&E delivering earnings over the past week, the former’s CEO Ciaran Davis has told Mumbrella “there have been no conversations”, but that the company remains open and proactive to any deal that creates shareholder value.

Despite the merger being touted in market for some time, speculation has heated up over the past week.

Davis hints at consolidation

“This is a rumor that’s been there for a while, as you know,” Davis said on this week’s Mumbrellacast, to be released this afternoon. “There have been no conversations.”