Australia s Macquarie to team up with Aware Super for $2.71 billion Vocus buyout Reuters 23/02/2021
(Reuters) - Australia s Vocus Group said on Tuesday Macquarie s funds has agreed to team up with pension fund Aware Super for the A$3.42 billion ($2.71 billion) takeover of the fibre network owner.
Two weeks ago, Macquarie Infrastructure and Real Assets Holding (MIRA) made a A$5.50 per share non-binding offer, one of at least three approaches for Vocus since 2019.
Melbourne-based Vocus said the terms of the offer have not changed since Feb. 8 and the consortium was still conducting due diligence.
Neither Aware Super nor MIRA immediately responded to a Reuters request for comment.