Fairfax Media grants due diligence to rival private equity bidders

Fairfax Media grants due diligence to rival private equity bidders

Visual from Fairfax Media website

Australian newspaper publisher Fairfax Media Ltd on Thursday said it would grant due diligence access to two rival private equity bidders after U.S. buyout firm Hellman & Friedman made a surprise takeover proposal of as much as A$2.87 billion ($2.13 billion).

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