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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Telstra Corporation Limited (PK) | USOTC:TLSYY | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 12.48 | 0.00 | 01:00:00 |
From Jul 2019 to Jul 2024
Consolidated Media Holdings Ltd. (CMJ.AU) said Friday it is not considering selling its interest in Australian pay-television company Foxtel following media speculation over a possible sale.
The company said in a statement that it had held "very preliminary discussions concerning a possible control proposal."
"No control proposal or other form of offer has been made to CMH and CMH can give no assurance that a control proposal will be made," it said.
The company said investment bank UBS AG had been retained to advise on any proposal.
Australian media reported Thursday that casino mogul James Packer wanted to sell his 50.1% stake in Consolidated Media, which owns 25% of Foxtel, to help fund a merger between his casino company Crown Ltd. (CWN.AU) and rival Australian casino firm Echo Entertainment Group Ltd. (EGP.AU).
-By Gavin Lower, Dow Jones Newswires; 61-3-9292-2095; gavin.lower@dowjones.com
1 Year Telstra (PK) Chart |
1 Month Telstra (PK) Chart |
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