IPDC.IR
INDPT NEWS & MEDIA
Irish
0.130.00 (0.00%)
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1d
Prev Close0.13
Open0.13
Bid0.00 x 107000
Ask0.00 x 17100
52wk Range0.13 - 0.13
Day's Range0.13 - 0.13
Volume190,993
Avg Vol (3m)N/A
As of 11:30 AM EDT. Market closed.
  • Reuterslast year

    News Corp says buying 14.99 pct of Australia's APN News & Media

    News Corp said it will increase its stake in Australian media company APN News & Media Ltd from an undisclosed level to 14.99 percent, the maximum shareholding a foreign firm can hold in Australia without making a formal takeover offer. Rupert Murdoch's New York-listed media conglomerate said in a statement to the Australian Securities Exchange on Thursday its Australian unit "will build its investment in APN to a 14.99 percent stake subject to regulatory approval". A source familiar with the transaction told Reuters that News Corp has previously held a 4.9 percent stake in the owner of some of Australia's top-rating radio stations and publisher of some 50 regional newspapers in Australia and New Zealand, including the New Zealand Herald.

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