KKR Makes Offer for Vocus Communications With $1.6 Billion Bid - News Summed Up

KKR Makes Offer for Vocus Communications With $1.6 Billion Bid


MELBOURNE, Australia—Private-equity firm KKR & Co. has pitched a takeover offer for Australian telecommunications company Vocus Communications Ltd. worth about 2.18 billion Australian dollars (US$1.64 billion). The offer comes as the country’s telecoms providers face an increasingly competitive market and a changing landscape as the government rolls out a nationwide broadband network. Local media reports had suggested Vocus could...


Source: Wall Street Journal June 06, 2017 23:15 UTC



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