There is a report here that Vocus will turn down the KKR offer, but they have elsewhere denied a decision has been made.
More interesting is a quote about ASC that Vocus expects to finalise a number of “cornerstone” contracts for the submarine link in 30 to 45 days.
http://www.channelnews.com.au/vocus-to-turn-down-3bn-bid-push-ahead-on-singapore-cable/
Its going to be a significant couple of months...
Ann: Preliminary, indicative and non-binding proposal received, page-228
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