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Broadband

Kcom recommends higher takeover bid from Macquarie infrastructure fund

Monday 3 June 2019 | 09:48 CET | News
Hull-based operator Kcom Group has received a new cash offer worth GBP 563 million from Meif 6 Fibre Limited, owned by the Macquarie Europe Infrastructure Fund. The bid, at 108 pence in cash, beats a previous offer of 97 pence, or a total of GBP 504 million, made by Universities Superannuation Scheme (USSL), corporate trustee of one of the UK's largest private sector pension funds. 

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Categories: Fixed
Companies: Kcom
Countries: United Kingdom
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