NZME delays shareholders meeting following takeover bid

Monday 31 March 2025 · 2 outlets · 2 reports · updated Mon 31 Mar 2025, 6:10pm

In this story NZME, NZX, Jim Grenon, OneRoof

NZME has postponed its annual shareholders meeting until June after directors expressed concerns regarding a takeover proposal. The board is resisting plans by Canadian billionaire Jim Grenon to remove current directors and install himself, citing risks regarding potential editorial control.

How they headlined it

4:20pm6:10pm

1. StuffMon 31 Mar 2025, 4:20pm

   Fight for control of NZME delayed as shareholders’ meeting pushed back (opens in new tab)

2. 1News via RNZMon 31 Mar 2025, 6:10pm

   NZME fires back at billionaire investor, delays shareholder meeting (opens in new tab)