February 20, 2017 / 11:48 PM / 6 months ago

Australia's Fairfax Media considering partial demerger of Domain - source

SYDNEY, Feb 21 (Reuters) - Australia's Fairfax Media Ltd is considering a partial demerger of real estate classifieds arm Domain Group later this year, according to a source familiar with the situation.

The Domain business is valued by analysts at about A$2 billion ($1.54 billion), which is equivalent to Fairfax's entire market value based on its last trading price. (Reporting by Jamie Freed; Editing by Stephen Coates)

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