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Tips and rumours

Jul 28, 2016

The curious case of the missing APN shareholding

We solve the case.

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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