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4 Apr 2025

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Billionaire’s NZME board takeover may have breached regulations
The Takeovers Panel is investigating whether Jim Grenon has been acting in concert with other shareholders.

NZME shareholder takes aim at board chair over questions of political motivation
Troy Bowker has accused Barbara Chapman of personally targeting him in a letter that was published on the NZX.

Fight for control of NZME delayed as directors express concern over Canadian billionaire's plans
In a notice published on the NZX, NZME’s directors said they were concerned about Canadian billionaire Jim Grenon’s plans for the company.

NZME boardroom battle: 'Try for a fresh start for all' - businessman
The Auckland businessman looking to oust the board of media company NZME believes he has the numbers to achieve change, and told the current board resistance was "futile".

Stuff withdrew from talks over mastheads sale when NZME board coup began
Billionaire Jim Grenon’s announcement he’d be trying to overthrow the board of NZME put paid to discussions between the country’s two largest media companies.

Billionaire Jim Grenon's NZME shake-up draws Takeovers Panel's attention
The government's takeovers regulator is eyeing up a shake-up at the media company after private equity tycoon Jim Grenon bought a 9.3% stake.

NZME union members ask for meeting with the billionaire who wants to clear the board
The letter, sent to the company’s board and Canadian billionaire James Grenon, seeks a public commitment to editorial independence - both now and in the future.

Former Warehouse exec and NZ On Air board member nominated for NZME board
Former The Warehouse chief commercial officer and NZ on Air board member nominated to be on the NZME board alongside James Grenon, according to reports.

Anxiety over editorial policy and a billionaire on board at NZME
Staff are nervous about a billionaire’s push for more control at the media company which owns the New Zealand Herald, daily papers and radio stations.

Sir Ian Taylor: Why I’m concerned about Jim Grenon’s NZME takeover bid
OPINION: On the surface, the Canadian billionaire's proposals might sound constructive, but what lies beneath the surface is more revealing.

NZME directors 'have concerns' about businessman Jim Grenon taking editorial control
Grenon, a New Zealand resident since 2012, bought a 9.3 percent stake in NZME for just over $9 million early in March.

Top NZME executive resigns ahead of potential company shake up
Carolyn Luey is set to leave the media company in mid-June, shortly after an annual shareholders meeting that will determine the make up of the board.

Is this the ad that sparked Jim Grenon’s NZME takeover?
A conversation with a free speech lobby group may have inspired the Canadian billionaire’s audacious media power grab.

Canadian billionaire willing to compromise on NZME board changes to become chair
In a new letter to the NZX, James Grenon said he would be willing to include NZME CEO Michael Boggs on the new board to satisfy shareholder factions.

NZ Herald owner NZME reveals talks to buy Stuff newspapers
Those talks have now been paused due to a board takeover bid at NZME, the stock exchange has been told.

Billionaire Jim Grenon's NZME shake-up draws Takeovers Panel's attention
The government’s takeovers regulator is eyeing up a shake-up at the media company after private equity tycoon Jim Grenon bought a 9.3% stake.

More shots fired in NZME takeover attempt
Private equity tycoon Jim Grenon bought a 9.3 percent stake in NZME for just over $9 million.

Billionaire aiming for NZME's board rejects journalists' concerns
Private equity tycoon Jim Grenon says editorial content is a "side issue" and journalists should be "optimistic" about the future.