Nine mulls what to do with Domain stake, again
Nine Entertainment has been a painfully dull client for its long-time banker, Jefferies’ Michael Stock. Since the Nine-Fairfax Media merger in 2018, it’s been quiet on the home front as far as corporate deal-doing goes – bar some chatter earlier this year that the Nine banker had canvassed major private equity firms to gauge their interest in the company’s controlling stake in Domain.
But Street Talk understands Stock has hit the phones again on behalf of his client, seeking to test their interest in its stake in the $1.8 billion ASX-listed residential and commercial property listing platform.
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