February 20, 2017 / 10:23 PM / 6 months ago

Australia's Fairfax halts trade pending Domain announcement

SYDNEY, Feb 21 (Reuters) - Australian newspaper and radio group Fairfax Media on Tuesday entered a trading halt pending an announcement related to its real estate advertising arm, Domain Group.

The Australian Financial Review, a newspaper owned by Fairfax, on Monday reported the company was considering a spin-off of Domain into a separate listed vehicle, citing unnamed sources. (Reporting by Jamie Freed)

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