
Investor shakes up media firms
Self-described contrarian investment firm Allan Gray has emerged as a major player in the media shake-up under way in the Australasian market, writes Fran O'Sullivan.
Self-described contrarian investment firm Allan Gray has emerged as a major player in the media shake-up under way in the Australasian market, writes Fran O'Sullivan.
Fairfax has completed a sell-down of its 51 per cent stake in Trade Me, the online shopping site confirmed this evening.
Trade Me shares are in a trading halt, as announcements confirm Fairfax is selling its 51 per cent stake in the company.
Trade Me's parent company Fairfax Media Limited has today announced plans to sell 30 per cent and 35 per cent of Trade Me in a float on the New Zealand stock exchange. Former Fairfax chief David Kirk, who made the decision to buy the…
The Pike River mineand Christchurch quakes disasters demolished hopes for...
Pressure to shave millions from budgets is forcing TVNZ to consider some radical ideas, John Drinnan writes.
The former CEO of Fairfax Media hints to Karyn Scherer that he has unfinished business in the industry.