NZX looking at future of news agency

Last updated 16:56 10/12/2013

Relevant offers

Industries

A broker's view: Contact Energy New Zealand stocks trading at 'fair value' Genesis shares list at a premium Air NZ to seek costs over cargo cartel case Super Fund posts 19 per cent rise Turners Auctions upbeat outlook Business briefs: new casino bosses Liquidator to pay for 'buffoon' comment New Zealand stocks "fair value" Business backs Labour's manufacturing plan

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 NZ News

Special offers

Featured Promotions

Sponsored Content