Announced
Financials
Tags
Australia
Domestic
Private Equity
mobile telecommunicatation
Mobile
Acquisition
Minority
Private
Friendly
Single Bidder
Infrastructure
Failed
Synopsis
Macquarie-backed Vocus, an international telecommunications company, failed to acquire a 12% stake in the enterprise, government and wholesale assets from TPG Telecom, a telecommunications company, for $4.21bn. The proposed transaction involved considerable complexity and, ultimately, the parties have been unable to reach alignment on the operating model and commercial terms for TPG to have sufficient confidence that a successful transaction can be agreed and executed.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.