Edition:
United States

Vocus Group Ltd (VOC.AX)

VOC.AX on Australia Stock Exchange

3.49AUD
20 Jul 2017
Change (% chg)

$-0.01 (-0.29%)
Prev Close
$3.50
Open
$3.50
Day's High
$3.52
Day's Low
$3.49
Volume
1,661,197
Avg. Vol
6,721,380
52-wk High
$9.00
52-wk Low
$2.33

Select another date:

Tue, Jul 11 2017

Photo

Australia's Vocus gets $1.7 billion approach from Affinity, matches KKR bid

SYDNEY Australian internet provider Vocus Group Ltd said on Tuesday a second private equity firm has made a A$2.2 billion ($1.7 billion) takeover approach, sending its shares higher on hopes for a bidding war.

UPDATE 2-Australia's Vocus gets $1.7 bln approach from Affinity, matches KKR bid

* Shares rise on hopes for bidding war (Recasts and adds investor comment)

Australia's Vocus receives second $1.7 bln approach, from Asia's Affinity

SYDNEY, July 11 Australian internet company Vocus Group Ltd said on Tuesday it received a A$2.2 billion ($1.7 billion) takeover approach from Asian private equity firm Affinity Equity Partners (S) Pte Ltd, matching a similar indicative offer from KKR & Co LP.

BRIEF-Vocus Group receives second proposal from Affinity Equity Partners

* On July 10 received a preliminary, indicative and non-binding proposal from Affinity Equity Partners (s) Pte and its affiliates to acquire all of shares in co

BRIEF-Vocus appoints David Wiadrowski as non-executive director

* David Wiadrowski will join Vocus board as a non-executive director, effective 24 July 2017 Source text for Eikon: Further company coverage:

Australia's Vocus allows KKR to conduct due diligence for $1.7 billion bid

Embattled Australian internet company Vocus Group Ltd said it will open its books for KKR & Co LP to conduct due diligence, a sign it may accept a $1.66 billion buyout approach dismissed by investors weeks earlier as too low.

UPDATE 2-Australia's Vocus allows KKR to conduct due diligence for $1.7 bln bid

* Shares traded at A$9.40 a year earlier, before profit downgrade

CORRECTED-UPDATE 1-Australia's Vocus opens books for KKR to conduct due diligence

July 5 Vocus Group Ltd said on Wednesday it would allow KKR & Co LP to conduct due diligence on a non-exclusive basis, a month after the private equity firm made a $1.66 billion takeover offer for the Australian internet company.

Australia's Vocus opens books for KKR to conduct due diligence

July 5 Vocus Group Ltd said on Wednesday it would allow KKR & Co LP to conduct due diligence on a non-exclusive basis, after the private equity giant made a $1.66 billion takeover offer for the Australian internet company in June.

BRIEF-Vocus announces granting of non-exclusive due diligence to KKR

* Received a preliminary, indicative and non-binding proposal from Kohlberg Kravis Roberts & Co. L.P.​

Select another date: