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Broadband provider Vocus is being re-assessed for a possible sharemarket float as a takeover for its parent is finalised. Vocus New Zealand has the Slingshot, Orcon, and Stuff Fibre brands, a data centre and is involved in Sky TV s broadband service. Photo: 123RF Vocus New Zealand has the Slingshot, Orcon, and Stuff Fibre brands and had been picked for a float until a $3.8 billion takeover deal for its parent emerged in February. The company confirmed Thursday it was once again considering strategic options for the New Zealand business, just as the deal to sell the parent company Vocus Group to a consortium of a Macquarie Group fund and Aware Super goes through its final stages. ....
Sky reveals details of its killer-price broadband service nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.
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 - Australia s second-largest retirement fund - on its $5.50 per share offer. In recommending shareholders accept the deal - set to close in July if all approvals go to plan - Vocus chairman Bob Mansfield said in a statement to the ASX that the board had considered it against alternatives, including pressing ahead with the plan to list Vocus NZ business, then use the estimated $722 million proceeds to pay down debt. ....
Macquarie buys Vocus, owner of Orcon and Slingshot, heading off local listing nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.