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EQT abandons bid for Australia's Vocus

Wednesday 5 June 2019 | 09:25 CET | News
Australian operator Vocus announced that it has terminated discussions with EQT Infrastructure in relation to its buyout proposal. On 27 May, Vocus received an from EQT to acquire all of the shares in Vocus at a price of AUD 5.25 per share in cash. Following an accelerated period of due diligence, EQT has decided not to proceed with the transaction outlined in the indicative proposal. Accordingly, discussions with EQT in relation to the proposal have now ceased, Vocus said.

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Categories: Fixed
Companies: Vocus
Countries: Australia
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