Original article by James Thomson, John Stensholt
The Australian Financial Review – Page: 11 & 16 : 22-Feb-17

Shares in Fairfax Media were placed in a trading halt on 21 February 2017, pending an announcement by the group. It follows media reports which suggested that Fairfax may demerge its Domain property listings business but retain a stake of 60-70 per cent. Allan Gray Australia’s Simon Mawhinney and Fairfax shareholder Alex Waislitz support the demerger, although the latter says Fairfax should have acted much sooner. Fraser McLeish of Credit Suisse recently valued Domain at about $A2.2bn, based on its earnings forecast for 2018.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, DOMAIN.COM.AU, ALLAN GRAY AUSTRALIA PTY LTD, CREDIT SUISSE (AUSTRALIA) LIMITED, AUSTRALIAN PROPERTY MONITORS PTY LTD, REA GROUP LIMITED – ASX REA, STAN ENTERTAINMENT PTY LTD, MACQUARIE MEDIA LIMITED – ASX MRN, RSVP, WEATHERZONE, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, TRADE ME GROUP LIMITED – ASX TME