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Rupert Murdoch's News Corp and Telstra delay $8 billion Foxtel float plans
2016-04-17 16:30:47| Telecom - Topix.net
Rupert Murdoch's News Corporation and Telstra have postponed their planned $8 billion initial public offering of Foxtel until 2017 due to the sheer volume of work that needs to be done to prepare their structurally challenged pay television joint venture for a sharemarket listing. Sources say that plans for an IPO in the second half of 2016, revealed by Fairfax Media in March , have been scrapped, with advisors now working to a less aggressive timetable for the deal including a pre-float merger of Foxtel with Fox Sports, which is owned by News Corp. Telstra, which owns the other 50 per cent of Foxtel, has led the push for an IPO.
Rupert Murdoch's News Corp eyes SE Asian real estate market; buys iProperty for $415.44 m
2015-11-04 04:20:40| Real Estate - Topix.net
MUMBAI: Seeking a foothold in the South East Asian real estate sector, Rupert Murdoch's News Corp's Australian real estate website company REA Group has acquired its competitor iProperty Group for approximately US$415.44 million . With this, News Corp will have access to the property markets in Malaysia, Hong Kong, Thailand and Indonesia, where iProperty owns property portals.
Brooks to return as Murdoch's UK boss
2015-09-02 16:12:51| BBC News | Business | UK Edition
Rebekah Brooks will return as chief executive of Rupert Murdoch's UK newspaper operations on Monday, News Corp has announced.
A tale of three Murdochs
2015-07-01 01:02:20| BBC News | Business | UK Edition
Three Murdochs - all with something to prove
Profits halve at Murdoch's News Corp
2015-05-06 01:05:41| BBC News | Business | UK Edition
Rupert Murdoch's News Corp, owner of The Times and The Sunday Times newspapers, sees third quarter net profits fall 52%.