{"id":39176,"date":"2013-11-18T07:14:20","date_gmt":"2013-11-18T12:14:20","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=39176"},"modified":"2013-11-18T07:14:20","modified_gmt":"2013-11-18T12:14:20","slug":"us-hedge-fund-ups-stake-mediaworks","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2013\/us-hedge-fund-ups-stake-mediaworks.html","title":{"rendered":"US hedge fund ups stake MediaWorks"},"content":{"rendered":"<p>New Zealand Herald &#8211; US hedge fund Oaktree Capital, which is in the process of floating Australia&#8217;s Nine Entertainment, has lifted its stake in local free-to-air broadcaster MediaWorks, whose stable includes TV3 and Four, and radio stations including the Rock, MoreFM and RadioLive.<\/p>\n<p>Los Angeles-based Oaktree, which manages US$79.8 billion of assets worldwide, increased its ownership of the broadcaster&#8217;s ultimate holding company, MediaWorks Investments, to 43 per cent on Nov. 8, taking on Rabobank&#8217;s 14.6 per cent stake, according to filings with the Companies Office. A spokeswoman for Rabo confirmed the bank&#8217;s exit in MediaWorks, without commenting on details of the transaction.<\/p>\n<p><a href=\"http:\/\/www.nzherald.co.nz\/business\/news\/article.cfm?c_id=3&amp;objectid=11158940\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Zealand Herald &#8211; US hedge fund Oaktree Capital, which is in the process of floating Australia&#8217;s Nine Entertainment, has lifted its stake in local free-to-air broadcaster MediaWorks, whose stable includes TV3 and Four, and radio stations including the Rock, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-39176","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=39176"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39176\/revisions"}],"predecessor-version":[{"id":39177,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39176\/revisions\/39177"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=39176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=39176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=39176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}