Telecommunications outfit Vocus has permitted Kohlberg Kravis Roberts to conduct due diligence to establish whether the offer made by the American equity firm can be taken any further.

Published in Telecoms & NBN

Australian telco Vocus has denied that it has turned down a $3.3 billion takeover from US equity firm Kohlberg Kravis Roberts. 

Tuesday, 13 June 2017 05:40

Vocus bid to hike sale price begins

Vocus chief executive Geoff Horth and chairman David Spence will host an investors day tomorrow, looking to persuade US private equity firm Kohlberg Kravis Roberts to raise its $2.2 billion bid, or else to attract another buyer.

Published in Telecoms & NBN
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