Superloop announced the successful completion of the sale of Superloop (Hong Kong) and select assets from Superloop (Singapore) to Columbia Capital and DigitalBridge Investment Management.
The sale was first announced in October 2021. The gross sale price, before the cost of the Indefeasible Right of Use ('IRU') purchased by Superloop, remained unchanged at A$140 million, with cash settlement proceeds of approximately A$125 million.
The Vocus Group says it has dropped plans to sell its assets in New Zealand and has ended talks with all parties that had expressed an interest in buying its New Zealand business.
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