Privately-held Pacnet is offering $US420 million for Telecom Corp of New Zealand's AAPT, Australia's No.3 phone group, as it looks to round out its Asia-wide telecoms network, a source close to the companies has said.
http://www.businessspectator.com.au/bs.nsf/Article/UPDATE-1-Pacnet-bids-420-mln-for-Australias-No3-te-LWGH7?OpenDocument
This could place Amcom and Iinet as long term targets if Pacnet can takeover AAPT
Privately-held Pacnet is offering $US420 million for Telecom...
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