REFILE-Postmedia to consider asset sales, restructuring as losses widen

Thu Apr 7, 2016 1:11pm EDT
 
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(Refiles to fix dateline)

TORONTO, April 7 (Reuters) - The publisher of Canada's National Post newspaper and a string of other titles initiated a review to consider asset sales and debt and equity restructuring on Thursday as its quarterly losses widened.

Postmedia Network Canada Corp said it had a loss of C$225.1 million in the three months to the end of February, up from a loss of C$58.2 million a year earlier. That included a C$187 million impairment charge. (Reporting by Alastair Sharp)