Case growing for reviving rejected StuffME merger, says Jarden

Pattrick Smellie
Wed, 11 Sep 2019

By Pattrick Smellie Sept. 12 (BusinessDesk) - Cost-cutting at online and news publisher Stuff is compromising the quality of its products, hastening a decline in its “very poor” earnings and could tip the balance to favour a revived merger with NZME, says investment house Jarden. Stuff’s steeply falling profitability and the failure of its new Australian owner to find a buyer for the New Zealand media assets is strengthening the case for reviving the merger with its main rival, NZME, which was rejected by the Commerce Commission and on ap...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The Quiz FREE
QuiznessDesk, Tuesday, July 05, 2022
The Quizmaster | Tue, 05 Jul 2022

Don't forget to give our daily quiz a go. Good luck

Law & Regulation
Juice magnate Lepionka sues lawyers for 'negligent' advice
Greg Hurrell | Tue, 05 Jul 2022

Businessman Stefan Lepionka's negligence case against Gibson Sheat will be split in two, with the law firm's countersuit to be heard first, the high court has ruled.

George Kerr's Pyne Gould receivership continues
Victoria Young | Tue, 05 Jul 2022

Court action continues in the UK, while receivers have already clawed back $8m for the BNZ by selling South Island land.

How can Kiwi small business owners manage rising inflation?

Xero MD Craig Hudson says small businesses have been hit with a triple whammy.

Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges