APN review

APN News and Media says a number of parties have made approaches to buy or partner with the company in New Zealand. The company announced it had commenced a strategic review of its NZ newspaper and radio assets and has engaged Deutsche Bank to advise its options. Chief executive Brett Chenoweth said the approaches had come from both Australian and international firms. He said it had been a difficult start to 2012 for APN's publishing assets in NZ, given the ad market had been flat since the Rugby ...

APN News and Media says a number of parties have made approaches to buy or partner with the company in New Zealand. The company announced it had commenced a strategic review of its NZ newspaper and radio assets and has engaged Deutsche Bank to advise its options. Chief executive Brett Chenoweth said the approaches had come from both Australian and international firms. He said it had been a difficult start to 2012 for APN's publishing assets in NZ, given the ad market had been flat since the Rugby World Cup in 2011.

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