NZX looking at future of news agency

Last updated 16:56 10/12/2013

Relevant offers

Industries

Resort plans for two Auckland islands Prime News redundancies confirmed Picton firm N-Viro supplies parts for floating superstructure Wynyard Group confirms it undershot revenue target Chinese tourists flock to NZ Migration boom tops 50,000 for first time NZ dollar falls to four-year low against US dollar NZOG expects low oil prices to continue Pyne Gould admits profit gap Lincoln plant to hurry foods to market

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