Displaying items by tag: EQT Infrastructure

The Vocus Group board has recommended that its shareholders accept an offer Macquarie’s infrastructure fund and Aware Super to acquire the company at a valuation of $3.5 billion.

The Vocus Group says it has granted Macquarie Infrastructure and Real Assets Holdings and its managed funds access to conduct due diligence with a view to the latter following up on its non-binding, indicative offer to buy all the telco's shares at a price of $5.50 per share.

Australia's fourth largest telecommunications operator Vocus Communications has lost another suitor, with AGL Energy announcing on Monday that it had withdrawn its non-binding, indicative proposal to acquire the firm.

Vocus Communications has received another takeover offer, this time from AGL Energy, which has made a bid to buy all the shares in the company for $4.85 a share, meaning that the total bid would come to a shade over $3 billion.

Swedish private equity firm EQT Infrastructure has ended talks with Vocus Communications over a possible takeover which valued the company at A$3.3 billion, the Australian firm says.

Australia's fourth largest telecommunications company Vocus Communications has advised the ASX that it has received an indicative takeover offer from Swedish private equity firm EQT Infrastructure for A$5.25 per share, valuing the company at A$3.3 billion.