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WHTop → 📋 News → Vocus to Acquire 3 Australian Communications Companies for $637 Million
Vocus to Acquire 3 Australian Communications Companies for $637 [...]
Vocus to Acquire 3 Australian Communications Companies for $637 Million
📅 - Vocus Communications announced their intention to acquire three Australian companies, including Nextgen Networks, one of Australia's largest fiber networks, and two sub-sea cable projects, The North West Cable System and the Australia Singapore Cable project.
The total cost is estimated at $637 million once deferred considerations are taken into account. Vocus recently closed $652 million in funding, which will cover the acquisition and any existing debt.
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