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Wireless

Vocus receives takeover bid from Macquarie Infrastructure

Tuesday 9 February 2021 | 09:21 CET | News
Australian operator Vocus confirms it has received a confidential non-binding, indicative proposal from Macquarie Infrastructure and Real Assets and its managed funds (together 'MIRA') to acquire 100 percent of the shares of Vocus via a scheme of arrangement at a price of AUD 5.50 per share. Vocus' board of directors reports that this proposal is subject to satisfactory completion of due diligence by MIRA; MIRA securing debt financing; unanimous recommendation by the Vocus Board; and entry into a mutually acceptable scheme implementation agreement.

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Categories: Mobile & Wireless
Companies: Vocus
Countries: Australia
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