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The ACCC chief has defended his link to News Corp (ASX:NWS). That’s according to a report by the Australian Financial Review.
The competition regulator and former climate change advisor Rod Sims has defended his stake of around $1 million in RM Williams Agricultural Holdings, whose largest shareholder is a News Corp subsidiary. He says he intends to sell the shares within the coming months.
The ACCC is due to make a decision on the proposed merger of Foxtel, which is part owned by News Corp, and Austar. Mr Sims says there’s no conflict of interest.
News Corp booked a net profit of just under $2.7 billion in the year to June 30.
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Last
$51.45 |
Change
-1.680(3.16%) |
Mkt cap ! $1.880B | |||
| Open | High | Low | Value | Volume |
| $51.65 | $51.77 | $50.78 | $18.88M | 364.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 446 | $51.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $51.51 | 377 | 2 |
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| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| NWS (ASX) Chart |