APN confirms strategic review of NZ assets
WELLINGTON, Oct 3 (Reuters) - APN News & Media Limited
confirmed on Wednesday that a strategic review of its New Zealand assets was ongoing, but it has nothing to announce at this stage.
APN shares jumped 18 percent to NZ$0.53 on Wednesday on market speculation of the strategic review.
(Reporting by Mantik Kusjanto)
((Mantik.Kusjanto@thomsonreuters.com; +64 4 471 4234; Reuters Messaging: mantik.kusjanto.reuters.com@reuters.net))
Keywords: APN/
WELLINGTON, Oct 3- APN News& Media Limited. confirmed on Wednesday that a strategic review of its New Zealand assets was ongoing, but it has nothing to announce at this stage. APN shares jumped 18 percent to NZ $0.53 on Wednesday on market speculation of the strategic review.