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Vocus focus shifts to founder James Spenceley

John McDulingNational Business Editor
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Vocus Group's institutional shareholders are pinning their hopes on exiled founder James Spenceley to turbocharge the auction for the embattled telco by bringing together a higher bid for the company.

With Asia-focused buyout firm Affinity Equity Partners this week matching fabled deal maker Kohlberg Kravis Roberts & Co's $3.50 per share bid for Vocus, and getting access to its books, market focus has shifted to whether another bid will materialise.

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John McDuling is National Business Editor for The Sydney Morning Herald and The Age. Connect with John on Facebook and Twitter.
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    Original URL: https://www.afr.com/companies/financial-services/vocus-focus-shifts-to-founder-james-spenceley-20170712-gx9gbp