Pay-television provider Foxtel's A$1.9 billion acquisition of 100% of its regional counterpart, AUSTAR United Communications, creates one of Australia’s largest media businesses, with more than 2,500 employees, anticipated revenue of more than A$2.8 billion and a combined annual investment in original Australian content of more than A$500 million.
A core team from Minter Ellison's finance group advised the syndicate of banks on revolving and bridge facilities to the Foxtel Group.