Sunday July 5, 2020

News Corp spinoff falls in Sydney as Murdoch splits company

News Corp fell in its Sydney debut as stock in the billionaire’s newspaper assets started trading separately in a split from his entertainment businesses.

19th June, 2013
Rupert Murdoch.

News Corp, the Wall Street Journal publisher spun off by Rupert Murdoch, fell in its Sydney debut as stock in the billionaire’s newspaper assets started trading separately in a split from his entertainment businesses.

The Chess depositary interests, the Australian equivalent of an ADR, debuted at A$15 before dropping 3 per cent to A$14.55 at the close in Sydney. Shares in the US television and movie businesses, which will be renamed 21st Century...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 6 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago