Telstra in talks with Vodafone on sale of TelstraClear

News General New Zealand 5 JUN 2012
Telstra in talks with Vodafone on sale of TelstraClear
Australian communications firm Telstra has confirmed it was approached and is in talks with Vodafone New Zealand to explore the potential sale of its New Zealand subsidiary, TelstraClear. Discussions are continuing and there is no certainty as to whether an agreement will be reached, the company said in a stock exchange filing.

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General

Companies:

Telstra,  TelstraClear,  Vodafone New Zealand

Countries:

New Zealand

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M&A buyouts & divestments

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