NZME talks to buy Stuff mastheads halted by board takeover bid

Friday 21 March 2025 · 2 outlets · 2 reports · updated Fri 21 Mar 2025, 2:04pm

In this story NZME, NZX, Jim Grenon, OneRoof, Neighbourly

NZME has confirmed that discussions regarding the potential purchase of Stuff's mastheads have been paused. The talks were interrupted following billionaire Jim Grenon's announcement that he intends to replace the NZME board. Both companies are currently seeking leave to appeal a High Court decision that blocked their merger.

How they headlined it

1:46pm

1. Stuff via The PostFri 21 Mar 2025, 1:46pm

   Stuff withdrew from talks over mastheads sale when NZME board coup began (opens in new tab)

2. RNZFri 21 Mar 2025, 2:04pm

   NZ Herald owner NZME reveals talks to buy Stuff newspapers (opens in new tab)