NZX looking at future of news agency

Last updated 16:56 10/12/2013

Relevant offers

Industries

Airways New Zealand and Singapore Civil Aviation Authority sign air deal Bullying widespread in Timaru Hospital kitchen, former worker alleges ASB Securities unavailable, blames 'technical difficulties' Sneak peek at Huntly's $458 million roading project Big drop in Sky TV subscribers after Rugby World Cup, $300m wiped off shares Is Beyonce's Formation World Tour in trouble? Entire stadium sections go unsold Farmers moves into damage control on Mother's Day promotion Auckland's current water supply to hit capacity in 15 years - Watercare Giant $13 million expansion for The Warehouse's distribution centre Denver Lawson - the Kiwi who is cleaning up the two-stroke

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