Macquarie Infrastructure-backed Vocus Group could return for another crack at TPG Telecom’s assets amid its frustration over the collapse of a $6.3 billion deal.
TPG Telecom shares plunged after it failed to reach an agreement with Vocus over a transaction to offload its Vision Network. TPG’s shares fell more than 6.5 per cent to $5.09 on Monday when it announced talks with suitor Vocus had crumbled.
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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
