Vocus swoops in with A$6.3 billion bid for TPG assets

Australian fibre operator Vocus is willing to splash some serious cash to expand its footprint.
On Tuesday it emerged that it is negotiating a A$6.3 billion ($4.2 billion) offer for a chunk of TPG Telecom’s enterprise, government, and wholesale assets, including Vision Network – its wholesale infrastructure arm.
The bid was confirmed by TPG in a stock exchange filing following a report by the Australian Financial Review. TPG describes the offer as “indicative, highly conditiona