Fairfax mulls options for NZ division; won't comment on possible spin-off

Mon, 09 May 2016

By Jonathan Underhill May 9 (BusinessDesk) - Fairfax Media says it has nothing to disclose about its New Zealand operations after The Australian newspaper reported it was considering an A$200 million spinoff of its New Zealand newspapers, magazines, and digital business. "Fairfax continues to explore options for all its businesses including Fairfax New Zealand, but at this time, there is nothing to disclose," the Sydney-based company said in a statement, responding to media reports. In February, the Australian media group reported a 4....

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