Oceania Capital Partners Limited (ASX:OCP), The Wheatley Organisation Pty Ltd and John Williams agreed to acquire Radio 2CH Pty Ltd from Macquarie Media Limited (ASX:MRN) for AUD 5.6 million on December 19, 2016. The purchase price is subject to customary completion adjustments. The stake will be acquired by 85.5% held subsidiary of Oceania Capital Partners. The transaction is subject to approval of the Foreign Investment Review Board and is expected to complete on or around January 16, 2017.