NZME to sell Wairarapa Times-Age

The deal is expected to be completed by the end of June. Photo / iStock

NZME Publishing has signed a conditional agreement to sell the Wairarapa Times-Age to locally-owned National Media Limited.

NZME, publisher of the New Zealand Herald, said the Wairarapa Times-Age was performing well and widely respected by the community.

The sale of the Wairarapa Times-Age is a stand-alone transaction and not part of the proposed merger with Fairfax Media NZ.

The deal is expected to be completed by the end of June. The Wairarapa Times Age website and social media pages will also transfer over to National Media Limited.