NZX to wear $800k charge on sale of agri businesses to GlobalHQ

Mon, 06 Aug 2018

By Paul McBeth Aug. 7 (BusinessDesk) - NZX will recognise an $800,000 charge on the sale of its remaining agri businesses to GlobalHQ, which recently bought the Farmers Weekly publication from the stock market operator. The Wellington-based company will close its Feilding office after selling the red meat and forestry components of AgriHQ to for an undisclosed sum, it said in a statement. GlobalHQ, owned by rural publishers Dean and Cushla Williamson, will take on 10 staff and nine casuals. "Dairy was a key growth initiative identifi...

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