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Wednesday, 19 February 2014 12:48

Sensis bloodbath – 800 jobs to go

Just a month after announcing it would sell 70% of directories business Sensis to private equity firm Platinum, Telstra has announced 800 jobs will go. Was that part of the deal?

Published in People Moves

Telstra boss David Thodey says the sale of 70% of the Sensis directories business to Platinum Equity for $454 million and the partnership with the US equity firm will maximise the value for shareholders.

Published in Strategy

Telstra is selling off a majority stake in Sensis to a US private equity firm for $454 million.

Published in Deals
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