Looks like still $5 a share, Macquarie may throw in a higher bid...

Looks like still $5 a share, Macquarie may throw in a higher bid though to avoid a deal getting inked.

https://www.copyright link/street-talk/commonwealth-super-joins-3-4b-uniti-party-binding-agreement-nears-20220410-p5accy

Public servant pension manager Commonwealth Superannuation Corporation is in late stage talks to acquire a $400 million-plus stake in Uniti Group as part of the broadband networks owner’s $3.4 billion takeover.

It is understood Commonwealth Superannuation Corp is lined up to take a 20 per cent stake in the privatised Uniti Group, in an investment that would be managed by Trans Tasman infrastructure firm Morrison &Co.

Morrison’s expected to take another 30 per cent for one of its own funds - its new Morrison & Co Investment Partnership - while Canada’s Brookfield would speak for the other 50 per cent.

The consortium’s believed to have all-but completed due diligence on Uniti Group and is in late stage negotiations around the scheme implementation deed, which is the binding takeover documentation.The talks are understood to be at $5 a share, which is the same price Morrison and Brookfield offered to retain sole rights to Uniti’s data room and pole position for the takeover.