Takeovers Panel investigating Jim Grenon's attempt to change NZME board

Tuesday 18 March 2025 · 5 outlets · 4 reports · updated Tue 18 Mar 2025, 12:27pm

In this story NZME, Jim Grenon, OneRoof

The Takeovers Panel is investigating whether shareholders are acting in concert to remove the NZME board. This follows billionaire Jim Grenon's purchase of a 9.3 per cent stake in the media company for over $9 million. The regulator is currently considering the matter.

How they headlined it

12:04pm

1. RNZTue 18 Mar 2025, 12:04pm

   Billionaire Jim Grenon's NZME shake-up draws Takeovers Panel's attention (opens in new tab)

   Also on Stuff (opens in new tab)

2. 1News via RNZTue 18 Mar 2025, 12:08pm

   Billionaire Grenon's NZME shake-up draws Takeovers Panel's attention (opens in new tab)

3. NZ HeraldTue 18 Mar 2025, 12:25pm

   Takeovers Panel confirms it is looking into Jim Grenon’s push to remove NZME board (opens in new tab)

4. Otago Daily TimesTue 18 Mar 2025, 12:27pm

   Billionaire's NZME takeover bid draws watchdog's eye (opens in new tab)