NZX looking at future of news agency

Last updated 16:56 10/12/2013

Relevant offers

Industries

Dancing Sands toasts success from Kiwi products Top of the south working group advocates seek focus in fishery preservation 1MBD scandal: Judge allows Malaysian businessman tussling for $370m in seized assets to take control of NZ trusts Z Energy to help get curious drivers behind the wheel of an EV BNZ internet banking outage: Customers unable to bank online Quirky QT hotel brand coming to Queenstown More than 500 job losses as more Pumpkin Patch stores to close Rolls-Royce emerges tarnished, but lucky despite NZ$1.15b fine Donald Trump's appointment of Xero's Chris Liddell: Does NZ not care about the values of its business leaders? Investigations but no progress on Christchurch-Dunedin passenger train, KiwiRail says

NZX is considering options for its NewsRoom news agency, which the stock exchange operator bought in 2007.

The process followed a recently completed strategic review of NewsRoom, NZX spokeswoman Kate McLaughlin said.

The review of options included looking at whether there was a "higher-value owner" - someone for whom NewsRoom would be a more strategic asset than it was for NZX.

"The process is being run in a structured way, aiming to ensure NewsRoom operations continue in their normal manner while the process is under way," McLaughlin said.

"Ensuring NewsRoom clients and staff are looked after is a key consideration for NZX during this process."

Ad Feedback

- Fairfax Media

Special offers

Featured Promotions

Sponsored Content