DataRoom AM: Fairfax’s TV dreams

Fairfax Media may be looking to buy a slice of Nine Entertainment as media regulation reforms come back on the agenda, while Leighton’s selling spree could soon include another addition.

Expectations of media regulation reform have seen the rumour mill running on high all year and while much has been made of the potential for regional TV network takeovers, Fairfax Media could yet be the biggest player in any shake-up.

Elsewhere, another asset is added to Leighton Holdings’ large list of planned divestments, Woodside Petroleum leaves Shell to deal with its stake sale on its own and Archer Daniels Midland is encouraged to keep its eye on GrainCorp.

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