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Vocus boss expects $3.5b Macquarie-led takeover will strengthen telco’s hand – Sydney Morning Herald

Vocus boss Kevin Russell says the telco will be better placed to win a bigger slice of the market under private ownership, as it puts a planned New Zealand IPO…

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Vocus Group boss Kevin Russell says the telco is better placed to win a bigger slice of the market under private ownership, with the takeover targets board backing the $3.5 billion bid lobbed by Macquaries infrastructure fund and Aware Super.
Macquarie Infrastructure and Real Assets (MIRA) lobbed its indicative bid for Vocus in February and was subsequently joined by the superannuation fund to pore over the telcos books.
Vocus Group managing director and chief executive Kevin Russell.Credit:Rhett…

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