VOC vocus group limited
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News: VOC Vocus Group Says EQT Has Ceased Buyout Discussions

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    04/06/19
    19:35
    Post #: 38907070

    June 4 (Reuters) - Vocus Group Ltd (VOC) :

    • DISCUSSIONS WITH EQT INFRASTRUCTURE IN RELATION TO INDICATIVE PROPOSAL HAVE NOW CEASED
    • COMPANY REITERATES ITS FY19 GUIDANCE, WITH UNDERLYING EBITDA EXPECTED TO BE BETWEEN $350 - 370 MILLION
    • FOLLOWING DUE DILIGENCE, EQT HAS DECIDED NOT TO PROCEED WITH TRANSACTION OUTLINED IN INDICATIVE PROPOSAL
    • INTENDED STRATEGY UPDATE TO NOW BE SCHEDULED FOR LAST WEEK OF JUNE
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