F.Y.I.

News Ltd finds buyer for Fiji Times

September 15, 2010 4:01

News Ltd has revealed that it has found a buyer for its forced sale of the Fiji Times.

The annoucement:

News Limited today announced that it has reached agreement to sell Pacific Publications (Fiji) Limited, the parent company of the publisher of the Fiji Times to Fiji’s Motibhai & Company Limited for an undisclosed sum.

The sale is subject to final regulatory approval in Fiji with the expected closing date for the sale on 22 September.

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