BREAKFAST DEALS: Media motives

News Corp prepares to vote on a proposal to split the company, while Fairfax rejects Gina Rinehart's board seat request.

Rupert Murdoch is set to put a split proposal before his fellow News Corp directors a year after labelling such a move as "rubbish”. What’s changed the media mogul’s mind? Elsewhere in media, Fairfax has rejected Gina Rinehart’s push for board seats once again – what will she do with her 18 per cent stake? Alesco Corporation has fired back at DuluxGroup, which was firing at Alesco – underlining just how stuck with each other these two are. Elsewhere, James Packer is considering a deal in The Philippines, while Chinese banks are looking for a greater slice of Australia’s syndicated loans market.

News Corp, Rupert Murdoch

Media mogul Rupert Murdoch dismissed the idea of a demerger of his company’s publishing and entertainment divisions as "rubbish” about a year ago.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed…

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles