AGL makes new Vocus buyout offer
An acquisition of Vocus by Australian energy company AGL is back on the table. Vocus revealed this morning that it had agreed to due diligence terms with AGL.
An acquisition of Vocus by Australian energy company AGL is back on the table. Vocus revealed this morning that it had agreed to due diligence terms with AGL.
Vocus says that its new Australia Singapore Cable will be ready for service on 14 September.
Vocus revealed today it has decided to split its Enterprise & Wholesale business into two operating segments.
Vocus Communications has moved to acquire Nextgen’s backhaul assets as well as the under-development North West Cable System and Australia Singapore Cable in a deal with approximately $861 million.
“This is an excellent outcome for both companies’ shareholders."
The two businesses combined have resulted in a major data network operator in New Zealand, and here's what you need to know...