Private equity buyer could saddle Vocus with up to $A2.4b in debt
PLUS: Vocus takes a $A199 million impairment against its New Zealand operations, which include the old FX Networks, Switch Utilities and the old CallPlus Group, including Orcon and Slingshot.
Thu, 17 Aug 2017
The two buyers vying for Vocus Group both have plans to pile debt on to the telco in the classic private equity fashion, according to an AFR report.
Vocus’ New Zealand assets include the old FX Networks (which competes against Chorus), and the former CallPlus Group (including the CallPlus,
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