Sky Network Television Limited (SKT) has been placed on a trading halt by NZ RegCo. The halt was initiated to allow NZ RegCo to engage with SKT regarding details of the NBIO.
The trading halt was implemented on Friday, October 13, 2023, before the market opened.
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The deal is subject to regulatory approvals and commercial conditions.
Every sector of the Australian share market has lost ground.
The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.
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