Business
Three reasons why MIRA’s bid for Vocus is different to EQT/AGL: UBS – The Australian Financial Review
Could third time be the charm for fibre network owner Vocus Group?
And finally, UBS said Vocus itself had improved its business in the past 18 months.
On this last point, UBSs note to clients highlighted that AGL/EQT were likely deterred in their pursuit of Vocus by its historical guidance risks and historical execution risks.
When Vocus updated its earnings and capex guidance in July 2019 around the time AGL terminated its bid its numbers came in below expectations. However this time around, VOC appears to be tracking well against FY21 EBITDA targets, the analysts…
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