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Head of News Limited, Lachlan Murdoch listens to questions from reporters after announcing his compa..,...

Head of News Limited, Lachlan Murdoch listens to questions from reporters after announcing his compa.., 1999-0
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IMAGE number
REU7614047
Image title
Head of News Limited, Lachlan Murdoch listens to questions from reporters after announcing his compa.., 1999-03-25 (photo)
Auto-translated text View Original Source
Photographer
Will Burgess
Medium
photograph
Date
1999 AD (C20th AD)
Shooting Date
1999-03-25
Image description

Head of News Limited, Lachlan Murdoch listens to questions from reporters after announcing his company would sell its 50 percent shareholding in Ansett Holdings to Singapore Airlines for $A500 million ($319.7 million) at a news conference in Melbourne March 25. The sale is subject to a number of conditions including regulatory approvals, due diligence, Air New Zealand's pre-emptive right to buy News' stake in place of Singapore Airlines and the conclusion of a sale and purchase contract.

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REUTERS/Will Burgess / Bridgeman Images
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