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News Corp sells stake in NZME

October 7, 2016 3:08

News Corp has sold its 14.9% stake in New Zealand Media and Entertainment (NZME), according to reports.

NZME logo

The Australian Financial Review has reported it sold its stake for 64 cents a share to Australian and Kiwi institutions.

A formal announcement is expected soon.

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Topics
Media News Corp NZME
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