Australia's Fairfax Media gets revised $2b offer from TPG-led group

Australia's Fairfax Media gets revised $2b offer from TPG-led group

A screenshot of Sydney Morning Herald, one of the papers by Fairfax Media

Australian newspaper publisher Fairfax Media Ltd on Monday said it has received a revised A$2.76 billion ($2.04 billion) cash offer led by U.S. private equity firm TPG Capital Management for all of the company.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter