NZX gets second bid for Farmers Weekly publication, says divestment 'imminent'

Tue, 15 May 2018

By Paul McBeth May 15 (BusinessDesk) - NZX has received a second bid for agricultural publication Farmers Weekly three months after signing a non-binding sale agreement, and says a divestment of the paper is "imminent". The stock market operator will update the market later this week, revealing the new bid in a cleansing notice to use a short-form disclosure for an offer of subordinated notes. The Wellington-based company said it's within continuous disclosure obligations, but also that the looming sale of Farmers Weekly fell under exclu...

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