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KKR & Co. presents a takeover offer worth AUD 2.18 billion ($1.64 billion) for Australian telecommunications company Vocus Communications. This offer comes as the telecoms industry faces increasing competition and a changing landscape with the government's rollout of a national broadband network. Vocus Communications has experienced a decline in share price due to concerns about its expansion strategy and a profit warning.
Tuesday, 6 June, 2017