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Tips and rumours

Jul 28, 2016

The curious case of the missing APN shareholding

We solve the case.

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substantial shareholding notice filed yesterday with the New Zealand and Australian Stock Exchanges by NZME, the recently spun-off and listed New Zealand publishing and radio arm of APN News and Media, has confirmed News Corp has a 14.99% stake in the company. That’s not a big surprise because News Corp has a similar sized stake in APN.

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