Displaying items by tag: Kohlberg Kravis Roberts

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 company Vocus Communications has received a second acquisition bid, from Asian private equity firm Affinity Equity Partners.