Page 28 - Vocus Group News Today

Macquarie buying Vocus, owner of Orcon and Slingshot, heading off NZX listing 9 Mar, 2021 04:37 AM 4 minutes to read Macquarie has entered an agreement to buy ASX-listed Vocus Group - owner of Orcon and Slingshot on this side of the Tasman - in a A$3.5 billion ($3.7b) deal, subject to investor and regulatory approval. The ASX-listed investment banking and infrastructure investment firm teamed with Aware Super - Australias second-largest retirement fund - on its $5.50 per share offer. In recomme...

An indicative bid for ASX-listed Vocus Group is not expected to delay NZ float plans.

CANBERA (dpa-AFX) - Asian stocks turned in a mixed performance on Tuesday amid worries that too much stimulus will spark excessive inflation and hurt high-growth companies reliant on easy borrowing.

Reseller News Join Reseller News Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.Sign up now Vocus NZ a ‘strong and stable performer’ as revenue rises EBITDA also up 5 per cent to $35.7 million Kevin Russell (Vocus Group) Credit: Vocus Group Vocus’ New Zealand business has been labelled a “strong and stable performer” by its Group CEO, with revenue rising 5 per cent year-on-year, to $210 million, year-on-...

Float on track as earnings rise 5%.

Vocus on the mend after consecutive profit hits Vocus on the mend after consecutive profit hits A turnaround from net after-tax profit declines in H120, FY20 and FY19 Kevin Russell (Vocus Group) Credit: Vocus Group Vocus Group has ended a run of declines in statutory net profit after tax (NPAT) and minority interests, recording a rise of 49.2 per cent year-on-year, to $19.1 million, for the six months ending 31 December.  This is a turnaround from the telecommunication ...

The superannuation company had fundies laughing into their schooners on Wednesday night.

ASX firms 0.9pc even as tech stocks take a hit Share Technology stocks were left behind in Tuesday’s sharemarket rally as the forces of rising bond yields made the growth darlings’ high valuations and lack of profits an increasingly unpalatable proposition. The Australian 10-year bond yield reached 1.65 per cent on Tuesday for the first time since 2019, as US Treasuries hit 1.39 per cent.   The S&P/ASX 200 Index added 58.3 points or 0.9 per cent to 6839.2 and the All Ordinaries 0.7 per cen...

Australias Macquarie to team up with Aware Super for $2.71 billion Vocus buyout Reuters 23/02/2021 (Reuters) - Australias Vocus Group said on Tuesday Macquaries 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 ...

Macquarie finds a partner for its Vocus bid, doubts over NZ listing 23 Feb, 2021 06:30 PM 7 minutes to read Vocus NZ chief executive Mark Callander, who also services as CEO of Vocus Groups wholesale operation across the Tasman and sits on the ASX-listed companys board. Photo / Leon Menzies Vocus NZ chief executive Mark Callander, who also services as CEO of Vocus Groups wholesale operation across the Tasman and sits on the ASX-listed companys board. Photo / Leon Menzies Macquarie has drafted r...