DataRoom AM: Nine's about-face

Nine Entertainment loses interest in WIN and Southern Cross in favour of online expansion, while NAB presses ahead with the sale of its life insurance operations.

Analysts have been tipping plenty of M&A action among regional TV networks should the ‘reach rule’ be scrapped, but the latest developments suggest takeovers are far from a fait accompli.

Elsewhere, Nine Entertainment weighs a sale of Ticketek, National Australia Bank presses forward with a sale of its life insurance operations and the Medibank Private IPO may raise more than the wildest early predictions.

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