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Surprise NZME $1 bid for Stuff blindsides Nine

Max Mason
Max MasonSenior courts and crime reporter

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NZME has urged the New Zealand government to allow it to purchase Nine's Stuff for $1 by the end of May, a move that has blindsided local management and their Australian owner after it ended discussions with its Kiwi rival last week.

A surprised Stuff CEO Sinead Boucher says there is "no deal between NZME and Nine". Daniel Munoz

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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com

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    Original URL: https://www.afr.com/companies/media-and-marketing/nzme-surprise-1-bid-for-stuff-blindsides-nine-20200511-p54rpq