Original article by Carrie LaFrenz
The Australian Financial Review – Page: 20 : 2-May-19

Nine Entertainment Company is slated to receive final bids for Fairfax Media’s events business within days. Nine CEO Hugh Marks expects a deal to offload the business to be completed shortly. However, he has cautioned that Nine is unlikely to secure a deal to sell Fairfax’s New Zealand division by the end of June. Nine recently secured a deal to sell Fairfax’s portfolio of regional newspapers for $125m. Marks has reiterated Nine’s previous guidance for earnings growth of at least 10 per cent in 2018-19.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED, STUFF LIMITED, MACQUARIE MEDIA LIMITED – ASX MRN, METRO MEDIA PUBLISHING PTY LTD, STAN ENTERTAINMENT PTY LTD, WALT DISNEY COMPANY