Thursday, May 31, 2007

Packer sells media stake, ticketing to CVC

(Reuters) - Packer's Publishing & Broadcasting Ltd. said
on Friday it had agreed to sell a further 25 percent stake in
its 50:50 media joint venture to CVC for A$515 million .




PBL also agreed to sell its interests in online ticketing
business Ticketek and Sydney sports stadium Acer Arena to PBL
Media for A$210 million.


Read more at Reuters.com Business News

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