June 21 (Reuters) - APN News & Media Ltd APN.AX :
* APN divests its Australian regional media division, arm APN.AX
* Deal for $36.6 million
* Entered into binding documentation to divest its Australian regional media
division to News Corp (NASDAQ:NWSA) Ltd
* Net proceeds from the sale will predominantly be used to pay down existing
APN debt
Source text for Eikon ID:nNZSmqpa
For more news, please click here APN.AX
Bengaluru Newsroom; +91 80 6749 1130