July 18 (Reuters) - Fairfax Media Ltd (FXJ) :
- FAIRFAX MEDIA AND NEWS CORP ENTER PRINTING AGREEMENTS
- ENTERED INTO AGREEMENTS WITH NEWS CORP AUSTRALIA THAT WILL SEE PUBLISHERS USE EACH OTHER'S PRINTING NETWORKS
- FAIRFAX WILL TRANSITION WORK FROM ITS PRINT CENTRES IN BERESFIELD (NSW) AND ORMISTON (QUEENSLAND)
- FINANCIAL BENEFITS FROM DEAL ARE EXPECTED TO BEGIN TOWARDS END OF FY19 H1
- CHANGES TO FAIRFAX'S PRINTING NETWORK TO RESULT IN AN ANNUALISED FULL-YEAR BENEFIT OF ABOUT $15 MILLION
- PRINT CENTRES IN BERESFIELD (NSW) AND ORMISTON WILL CLOSE ONCE TRANSITION OF WORK COMPLETES