	associated newspapers has pct of northern star northern star holdings ltd said britain s associated newspapers holdings plc will hold pct of its enlarged issued capital after applying to uire mln shares in its recently announced placement associated was one of the major investors participating in the previously reported placement of mln shares at dlrs each northern star said in a statement the northern new south wales regional group is emerging as a national media force in the wake of the industry restructuring sparked by the news corp ltd ncpa s takeover of the herald and weekly times ltd hwta s group associated now holds pct of northern star s current issued capital a company official said as previously reported northern star is raising mln dlrs through placements and a subsequent one for four rights issue at dlrs a share of the placements mln shares will go to a number of investors and mln to investment group westfield capital corp ltd which arranged northern star s purchase of news corp s television assets three newspapers and three radio stations for mln dlrs westfield will increase its stake in northern star to about pct from as a result reuter 
