Investor makes A$3 billion bid for Australia’s Uniti

Uniti Group has confirmed that a group of funds led by HRL Morrison & Co has tabled a takeover bid worth in excess of A$3 billion.
The Australian telecoms operator, whose extensive fibre-to-the-premises (FTTP) infrastructure was doubtless a draw for the investors, responded to media speculation on the bid that triggered a halt in trading on the ASX.
“Uniti confirms it has entered into exclusive discussions with HRL Morrison & Co, on behalf of its managed funds and clients,” t