Trustpower close to deal to buy Vocus' NZ assets
The three contenders have apparently narrowed to one.
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Hawke’s Bay
Trustpower is poised to strike a $A250 million deal to buy Vocus NZ's assets, according to The Australian.
Trustpower refused to comment when approached by NBR this morning.
If correct, the sale price will be less than 1x revenue (see financials below) — a much more realistic value than the
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Trustpower close to deal to buy Vocus' NZ assets
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