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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/