PBL offloads more of Nine.
James Packer’s Publishing and Broadcasting Ltd (PBL) has sold a further 25 per cent stake in PBL Media Holdings - which owns the Nine Network and magazine businesses - to its joint venture partner, CVC, for $515 million.
James Packer’s Publishing and Broadcasting Ltd (PBL) has sold a further 25 per cent stake in PBL Media Holdings - which owns the Nine Network and magazine businesses - to its joint venture partner, CVC, for $515 million.