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The sale price is understood to have valued it at less than seven-times EBITDA. It’s at the lower end of the multiples that waste management companies have traditionally fetched.
The four-year-old telco, run and backed by former Macquarie Capital suits, needs to bankroll the infrastructure it requires to get into a million Aussie homes.
Globally, net zero emission reduction targets are increasingly common with both the public and private sectors committing to targets. ESG (environmental,
It marks the super fund's first impact investment and signals plans to continue growing the allocation.
Singapore's central bank denies media claims about issuing a directive to banks to avoid discussing the origins of wealth inflows; world's largest pension fund invests in a gender diversity index; and more.