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APN offsets A$45m loss with A$190m outdoor sale

Thu, 23 Feb 2012 14:03:18 +1200

APN News & Media has posted an A$45.1 million annual net loss ($NZ57.7m) and sold half its outdoor advertising business to Quadrant Private Equity for cash proceeds of about A$190 million.APN, which publishes The New Zealand Herald...

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