NZX looking at future of news agency

Last updated 16:56 10/12/2013

Relevant offers

Industries

Air New Zealand and Air China alliance cleared for take off Gas price to go up for residential customers in October Extension of UFB network to be completed by end of 2022 Beekeeper unsure what summer will bring Tourism core part of Canterbury economic strategy Flexi Buy truck shop former director Vikram Mehta charged by watchdog Kiwis keeping partners in dark on finances New agency to unlock potential of $1b worth of Auckland Council land OceanaGold boosts production forecasts for 2015 Rural Equities says lower milk price impacts earnings

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