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Australia's TPG Telecom ends $4 billion fibre sale talks with Vocus

"The proposed transaction involved considerable complexity and, ultimately, the parties have been unable to reach alignment on the operating model and commercial terms," TPG Telecom said in a statement. In August, Vocus had made a non-binding offer to TPG Telecom to acquire certain Enterprise, Government and Wholesale (EGW) assets and associated fixed infrastructure assets, including wholesale broadband business Vision Network. TPG later extended the due diligence period for the deal...
Sandra Maler Himanshi Akhand Vision Network Telecom Ltd Telstra Group Vocus Group
Source: yahoo.com

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TPG Telecom's $4 bln fiber assets bid's due diligence period expires, ET Telecom

TPG Telecom: "TPG securityholders should be aware that the nature of the transaction involves considerable complexity which needs time to work through and there remains no certainty an agreed transaction will eventuate," said TPG, whose shares were down 1.1% in early trade.
Tpg Telecom Vocus Group Vision Network Elecom News Pg Telecom Fiber Network

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