DataRoom AM: Ten tunes out

Ten Network's management is taking a break from its program of assessing takeover bids, while workforce provider Skilled is still weighing the merits of a $600m-plus offer from rival Programmed Group.

Investors hoping for a swift conclusion to Ten Network takeover talks are likely to be let down as the media group takes a break from assessing the offers in front of it.

Elsewhere, Skilled Group continues to weigh a takeover bid from Programmed Group, local investors eye a slice of a key piece of New Zealand infrastructure and Fife Capital calms hopes for the creation of an $800 million industrial fund.

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