Jan 30 (Reuters) - Australia's Nine Entertainment said on Friday will acquire digital outdoor advertising firm ​QMS Media from Quadrant Private Equity for ‌A$850 million ($599.08 million) on a cash‑ and debt‑free basis. The deal ‌marks a further shift in Nine's portfolio toward higher‑growth digital assets, which it expects will account for more than 60% of its revenue by financial ⁠year 2027. Nine will ‌also offload its legacy broadcast radio business to the Laundy Family Office for ‍an enterprise value of A$56 million and shift regional TV station NBN to a WIN Network affiliate in ​a A$15 million deal. The radio divestment and NBN ‌restructure will free up about A$217 million in cash proceeds and tax-loss benefits as it doubles down on higher-growth digital assets, Nine said. The QMS acquisition and radio ‍sale are ⁠expected to close before June 30, subject to customary conditions, while the NBN divestment will ⁠need Nine shareholder and antitrust approvals.