VOC vocus group limited

News: VOC Australia's Vocus agrees to $2.7 bln buyout from Macquarie-led consortium

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    March 9 (Reuters) - Australian fibre network owner Vocus Group (VOC) said on Tuesday it had agreed to a A$3.5 billion ($2.68 billion) takeover offer from a consortium comprising of Macquarie's funds and pension fund Aware Super.

    Last month, Macquarie Infrastructure and Real Assets Holding (MIRA) and Aware Super had agreed to team up for a A$5.50 per share non-binding offer for Vocus.

    Shares of Vocus jumped as much as 9% to A$5.450, hitting their highest level since late November 2016.

    ($1 = 1.3063 Australian dollars)

 
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