Australia's fourth largest telecommunications company, the Vocus Group, has announced that it will be simplifying its business into three independent business units.
Australia's fourth largest telecommunications operator Vocus Communications has lost another suitor, with AGL Energy announcing on Monday that it had withdrawn its non-binding, indicative proposal to acquire the firm.
Vocus Communications has received another takeover offer, this time from AGL Energy, which has made a bid to buy all the shares in the company for $4.85 a share, meaning that the total bid would come to a shade over $3 billion.
Just sell the whole thing to Telstra already. It can't get any worse.
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