Business
MIRA asks lenders to help bankroll Vocus play – The Australian Financial Review
Macquarie Group’s MIRA is trying to secure a $2 billion-odd debt package to help acquire fibre network owner Vocus Group.
ANZ Banking Group, Commonwealth Bank of Australia, National Australia Bank and HSBC were all involved in that deal, and are expected to be keen to go again under MIRAs ownership at the right terms. It would be a coup for MIRA if it could lock up some of the potential lenders, given the possibility that another cashed-up infrastructure or private equity investor tries to turn Vocus into a bidding war.
Street Talk revealed the takeover interest in Vocus on Sunday and the company confirmed MIRAs $3.4…
-
Noosa News24 hours agoLNP Premier David Crisafulli announces ‘Queensland’s royal commission’ into CFMEU
-
Noosa News24 hours agoMan stabbed in physical altercation on the Sunshine Coast
-
Noosa News22 hours agoFrench women charged with smuggling $29m of meth into Australia
-
General20 hours agoAlgal bloom ‘disaster’ prompts royal commission call as impact spreads to mussel farms