Original article by Valerina Changarathil
The Australian – Page: 18 : 8-Jan-25
Nine Entertainment Company’s shares fell by 39 per cent in calendar 2024; however, the stock rose 5.6 per cent t to $1.32 on Tuesday, amid speculation that the diversified media group could be broken up. The recent emergence of Tanarra Capital on Nine’s share register has boosted such speculation; Tanarra is headed by John Wylie, who has successfully advocated for changes at companies such as Lendlease.
CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, TANARRA CAPITAL PTY LTD