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Macquarie and Aware Super-backed Vocus to acquire the Enterprise, Government and Wholesale fixed business of TPG Telecom for AUD5.25bn.

Synopsis

Macquarie and Aware Super-backed Vocus, an international telecommunications company headquartered in North Sydney, Australia, agreed to acquire the Enterprise, Government and Wholesale fixed business of TPG Telecom, an Australian telecommunications company, for AUD5.25bn. "This agreement is transformative for Vocus and is an important step towards creating a more competitive landscape for the Australian telecommunications industry," Jarrod Nink, Vocus Interim CEO.

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