If News Corporation is serious about unlocking value for shareholders, it could consider spinning off or selling its stakes in Australian investments prior to a potential merger with the Murdoch family’s Fox Corp.proposed News Corp/Fox tie-up created scale and made strategic senseNews Corp’s shares were trading at about a 50 per cent discount to the company’s sum-of-the-parts valuation, Morgan Stanley said.
News Corp owns Dow Jones, newspapers in Australia, the UK and New York, book publishing and pay television businesses, along with investments in subsidiaries including REA Group., before markets soured, while the market has long-speculated about its 61.4 per cent stake in Australian online real estate advertising group REA Group.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen: