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First State Super enters bidding war for NBN challenger

James FernyhoughReporter
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Telecoms company Uniti may be forced into a bidding war over Opticomm, after superannuation mega-fund First State Super offered to buy the company outright for 12.5 per cent more than Uniti has offered.

The $120 billion industry fund offered $5.85 per share, a considerably better offer than Uniti's $5.20 per share.

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James Fernyhough writes about telecommunications, insurance and financial services. He's based in the AFR's Melbourne office. Connect with James on Twitter. Email James at james.fernyhough@afr.com.au
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    Original URL: https://www.afr.com/companies/telecommunications/first-state-super-in-bidding-war-for-nbn-challenger-20200908-p55tgd