Mercury seeks buyer for Listener publisher Are Media

Mercury seeks buyer for Listener publisher Are Media
After five years in private equity ownership, the magazine stable is for sale again. (Image: NZME)
Pattrick Smellie
Australian investment firm Mercury Capital is seeking a buyer for Are Media, the company formed after the sudden exit from New Zealand and Australia by German publisher Bauer Media, early in the covid pandemic.Founded by New Zealander Clark Perkins, Sydney-based Mercury was reported at the time of the June 2020 announcement to be buying most of the Bauer assets, paying less than $50 million for a stable of well-known Australasian titles.In NZ, these include the Listener, New Zealand Woman’s Weekly, and Air New Zealand’s infligh...

More Markets

Takeover bid is opportunistic and undervalued: THL
Markets

Takeover bid is opportunistic and undervalued: THL

Tourism Holdings' board remains open to engagement with the Consortium.

One man, five boards: The NZ director spiderweb
Markets

One man, five boards: The NZ director spiderweb

James Miller is at the top of the directorship pyramid.

Increased US tariffs drive NZ stocks lower
Markets Market Close

Increased US tariffs drive NZ stocks lower

F&P Healthcare and Ebos shares both dropped over 2% on the tariff news.

Jamie Gray 01 Aug 2025
Journee to succeed Withers as Warehouse chair
Retail

Journee to succeed Withers as Warehouse chair

Journee ensures "strong continuity of leadership", Joan Withers said.

Gregor Thompson 01 Aug 2025