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The $6.3b telco deal that could have Telstra sweating

There are plenty of big profit numbers hogging headlines, but don’t forget about the $6.3 billion telco deal. It’s a serious shake-up for the sector and charging ahead in due diligence.

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Do leaks kill big M&A deals? Not for TPG Telecom and Vocus Group.

Two weeks since the pair was caught red-handed talking about a whopper $6.3 billion deal, both TPG and Vocus, and their owners and advisers, beaver away undeterred to complete what would be a company-changing deal for both sides. They are as keen as ever.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/the-6-3b-telco-deal-that-could-have-telstra-sweating-20230811-p5dvxa