ASX 200 LIVE: ASX to slip before RBA call; expert says SCA, Seven West merger ‘fair’

ASX 200 LIVE: ASX to slip before RBA call; expert says SCA, Seven West merger ‘fair’

Shares have fallen as the Reserve Bank held the cash rate unchanged, as widely expected by the market and economists, in a unanimous decision. Follow live.

SCA advisor gives Seven merger the go-ahead

Independent experts employed by Southern Cross Austereo to audit its proposed merger with Seven West Media have given the deal an enthusiastic green light. The approval has been comprehensively rejected by investor Sandon Capital, which holds around 11.3% of SCA stock. Financial advisory firm Kroll said the merger was fair, reasonable and in the best […]