NZX
24/01/2014 11:19
ASSET
REL: 1119 HRS NZX Limited
ASSET: NZX: NZX agrees to sell NewsRoom to Sublime Group
NZX has agreed to sell its online news business NewsRoom to Sublime Group
following a strategic review of options for the business.
NewsRoom began publishing in 1996 and was purchased by NZX in 2007. Its news
feeds serve New Zealand's top legal and accounting firms, large corporations,
government departments, and parliamentary offices.
The sale of NewsRoom to Sublime Group with effect from 31 January 2014 is
being managed to ensure that NewsRoom's customers continue to receive
seamless services and it remains business-as-usual.
The sale of NewsRoom will not have a material impact on NZX's results or
financial position.
For more information please contact:
Kate McLaughlin
Corporate Communications
M: 027 533 4529
E: [email protected]
End CA:00246364 For:NZX Type:ASSET Time:2014-01-24 11:19:05
Price at posting:
$1.26 Sentiment: None Disclosure: Held
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