APN Reviews Herald Ownership

Posted: 5/2/2012  |  By: Stuff.co.nz

The owner of the country's largest newspaper, The New Zealand Herald, says it has begun a strategic review of all of its New Zealand assets.

APN News and Media chief executive officer Brett Chenoweth told the company's annual general meeting in Sydney today that it has hired Deutsche Bank to advise on ''various options to maximise profitability and value for shareholders''.