APN sells two New Zealand newspapers
APN has announced the sale of its Christchurch and Oamaru newspaper businesses.
The announcement:
APN New Zealand Media today announced the sale of its Christchurch and Oamaru newspaper businesses to independent publisher Mainland Press Ltd, which operates a chain of community papers and directories in Christchurch.
The main APN titles included in the sale, The Star in Canterbury established in 1868 and the Oamaru Mail which began publishing in 1879, are among the oldest in New Zealand.