Australia's competition watchdog begins review of Vocus-TPG $3.4 bln deal
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Australia's competition regulator is reviewing the $3.39 billion acquisition of TPG Telecom's enterprise, government, and wholesale fixed business and fiber network assets by Macquarie-backed Vocus.
November 18, 2024 | 6:15 am
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TPG Telecom is involved in a $3.39 billion deal to sell its enterprise, government, and wholesale fixed business and fiber network assets to Vocus, which is under review by Australia's competition regulator.
The review by the competition regulator introduces uncertainty about the completion of the deal, which could affect TPG's business strategy and financials. However, the outcome is not yet determined, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80