December 2022
Insider trading counts against Vaughan Bowen discharged
Uniti Group executive director and ex-Vocus chairman Vaughan Bowen will no longer face insider trading charges after he was discharged in a Melbourne court.
- Max Mason
May 2022
Smashed small caps that can turn into portfolio treasures
The best time to buy is when they get badly oversold. Professional investors share the stocks they like and what to watch out for.
- Tony Featherstone
April 2022
Uniti signs $3.6b deal with Morrison-Brookfield group
Telecoms play Uniti Group has entered a binding $3.6 billion sale deed with a consortium led by New Zealand’s Morrison & Co and Canada’s Brookfield.
- Lucas Baird
Barrenjoey pops up in buyer’s camp at Uniti Group
Uniti Group suitors Morrison & Co and Brookfield have called in bankers to help arrange debt funding.
Commonwealth Super joins $3.4b Uniti party, binding agreement nears
Public servant pension manager Commonwealth Superannuation Corporation is in late stage talks to acquire a $400 million-plus stake in Uniti Group as part of the broadband networks owner’s $3.4 billion takeover.
March 2022
- Updated
- Mergers & acquisitions
Uniti gets $3.4b Morrison offer, Macquarie walks away
Uniti Group will engage with a $5-per-share takeover bid from an HRL Morrison-led investor consortium, ending talks with Macquarie Asset Management and PSP Investments.
- Updated
- Lucas Baird
Why Uniti’s snubs are the biggest talking point in M&A
Uniti Group’s never been one for convention - and in potentially its final hour, nothing’s changed.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
- Analysis
- Due diligence
High-stakes game as Uniti rides takeover offers
Uniti has turned around a torrid month on the ASX, with duelling takeover offers circling the acquisitive telco.
- Lucas Baird
- Updated
- Mergers & acquisitions
Brookfield joins Morrison in race for Uniti
Uniti signs a new exclusivity arrangement with the Brookfield/Morrison & Co consortium with a $5 million break-fee.
- Updated
- Lucas Baird
Buy, hold, sell: four crowded small caps and two that can outperform
Two fund managers share their views on four of the most widely held small-caps on the ASX and share one stock they think can outperform this year.
Uniti bid extends Morrison & Co’s digital infrastructure spree
HRL Morrison & Co has described the digital industry as a “critical building block of society” as it snaps up more assets.
- Jenny Wiggins
Uniti negotiates $3b sale to HRL Morrison
Broadband services provider Uniti fielded a $3 billion acquisition offer from HRL Morrison and will hold exclusive talks with the NZ infrastructure group until April.
- Updated
- Jenny Wiggins
February 2022
All the profit results for February 22, 2022
Results briefing | News and analysis on today’s profit results from Alumina, AMA Group, ARB, AUB, Cochlear, Coles, Costa, Deterra, Estia, G8 Education, HomeCo Daily Needs, Hub24, Humm, Ingenia, Johns Lyng, Jumbo Interactive, Judo Bank, Macquarie Telecom, Macmahon, Monadelphous, Nanosonics, Perenti, RAM Essential, Regis Resources, Seven Group, Superloop, Uniti, Virtus, Whispr. Find updated reports and analysis here.
- Updated
- Andrew Hobbs
- Updated
- Earnings season
Uniti shares crater after slight earnings miss
CEO Mick Simmons remains confident that the company will hit its full-year earnings consensus of $145 million.
- Lucas Baird
December 2021
Fundies stay the course despite omicron risk
The COVID-19 variant has done severe damage to markets just a week after it was discovered, but many fund managers say it could be an opportunity and not a risk.
- William McInnes
November 2021
Telstra’s InfraCo Fixed the next big super battleground
Telstra’s sale of its fixed-line business is tipped to be the big-ticket telecommunications item in 2022 in a market hungry for stable income generating assets.
- Lucas Baird
September 2021
Uniti Group, investors back Bowen despite insider trading allegations
Mr Bowen – the founder of M2 and former chairman of Vocus – is facing two charges of insider trading over the sale of 5.6 million Vocus shares on June 4, 2019.
- Lucas Baird and Max Mason
February 2021
Acquisition costs weigh on Uniti’s bottom line
An acquisition-spree through the back-half of 2020 has weighed heavily on rapidly rising revenue and earnings at challenger telco Uniti Group.
- Lucas Baird
January 2021
ASX dips 0.7pc; Tyro says ‘limited’ merchants affected
The sharemarket fell as big miners retreated on weaker iron ore prices. Fortescue tumbles 6 per cent. Reliance jumped more than 6 per cent on upbeat guidance. Eagers eyes $209 million full year profit. Temple & Webster, AMA slammed.
- Updated
- Robert Guy, Vesna Poljak, Sarah Turner, Tom Richardson and Luke Housego
September 2020
- Opinion
- NBN
Winners and losers from the NBN fibre push
What does the move mean for telcos and other companies that have built businesses and made investments based on the current state of play?
- Elio D'Amato