Investor Relations
News Detail

17th Apr 2007

APN Offer Price Increased to $6.20 per Share

Independent expert says fair and reasonable

APN News & Media Ltd ['APN'], in which Independent News & Media PLC ['INM'] has a 40% shareholding, today announced that the consortium of Independent News & Media, Providence Equity Partners and The Carlyle Group has increased the price it is offering to APN shareholders under the proposed scheme of arrangement from $6.10 to $6.20 per share. The consortium has advised that this price is final.

Please click here for full details

portrait

“Independent News & Media has always understood that beyond being a very successful company in the financial sense, it has broader social responsibilities to all those communities where it operates. This is demonstrated by over 200 projects and charities which the company has underwritten and supported and can be seen from the work that INM has done in education, particularly the work they’ve done in health education in South Africa in relation to HIV and AIDS.”

Baroness Margaret Jay, Non-Executive Director
Vision map

Global Vision, Local Focus

Operations across 4 continents