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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

CallPlus buyer M2 makes $A1.85b bid for iiNet

Bidding war breaks out across Tasman for Oz's third largest ISP – one that's been in hot water over piracy.

Chris Keall
Tue, 28 Apr 2015

A bidding war has broken out across the Tasman for Australia's third largest ISP – and one that has been in hot water over piracy.

M2 Group [ASX:MTU], which recently bought CallPlus for $250 million, has placed a cash-and-shares bid of $A1.85 billion for iiNet, trumping a $1.5 billion cash offer

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Chris Keall
Tue, 28 Apr 2015
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CallPlus buyer M2 makes $A1.85b bid for iiNet
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