October 27, 2016 9:04 AM ET


Company Overview of News Limited

Company Overview

News Limited operates a news site that delivers breaking news and national interest stories. It offers national and world news, and videos in the areas of entertainment, travel, lifestyle, sport, business, technology, money, and real estate. The company was incorporated in 1922 and is based in Surry Hills, Australia. News Limited operates as a subsidiary of News Corporation.

2 Holt Street

Surry Hills, NSW 2010


Founded in 1922


61 2 9288 3000


61 2 9288 3205

Key Executives for News Limited

Chief Financial Officer and Director
Age: 55
National Production and Logistics Director
Afternoon Editor
National Political Editor
Compensation as of Fiscal Year 2016.

News Limited Key Developments

News Corp Denies Plans To Sell Brisbane Headquarters

It has been reported that News Limited plans to divest its Brisbane headquarters. Developers and investors are known to have been sounded out to acquire the Brisbane headquarters. The Australian Financial Review understands that PwC has been touting the three-hectare site as a residential apartment and retail development as well as maintaining a commercial lease. A News Corporation (NasdaqGS:NWSA) spokesman denied that the company had any plans to divest or redevelop the Brisbane headquarters.

News Limited Reportedly Seeks To Acquire Sky News

News Limited has launched a bid to buy Sky News Limited. It is understood a letter of offer valuing Sky News at about AUD 25 million was sent on February 24, 2015, to its three joint shareholders are Nine Entertainment Co. Pty Ltd, Seven Media Group Pty Limited and Sky plc (LSE:SKY). The letter invites discussion about a potential buyout, rather than putting forward a take-it-or-leave-it offer, suggesting the final negotiated price may be higher than the initial offer.

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Recent Private Companies Transactions

May 27, 2016
News Limited, The Sunday Times and perthnow.com.au

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