Nov 2 (Reuters) - Australian newspaper publisher Fairfax Media (FXJ) said on Thursday its shareholders agreed to a plan to spin off its real estate classifieds unit, Domain Holdings Australia Ltd, into a standalone listed company.
The resolution on the Domain separation from Fairfax Media "received overwhelming support from shareholders," the Sydney Morning Herald and Australian Financial Review publisher said in a statement.
The company added that it expected Domain to start trading on the Australian Securities Exchange on Nov. 16.
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$247.98 |
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Mkt cap ! $32.76B |
Open | High | Low | Value | Volume |
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247.990 | 23 | 6 |
248.000 | 6 | 3 |
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248.020 | 93 | 10 |
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