UPDATE 1-News Corp says buying 14.99 pct of Australia's APN News & Media
March 19, 2015 at 00:26 AM EDT
SYDNEY, March 19 (Reuters) - News Corp said it will increase its stake in Australian media company APN News & Media Ltd from an undisclosed level to 14.99 percent, the maximum shareholding a foreign firm can hold in Australia without making a formal takeover offer.
