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Vocus completes retail phase of rights issue to fund Nextgen deal

Connectivity BusinessbyConnectivity Business
July 21, 2016
in Financing, Investments, Space Services
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Australian ISP Vocus Communications has raised US$152m (US$114m) in the retail component of the rights issue to help fund its A$861m (US$639m) purchase of Nextgen Networks and two submarine cable projects. The bookbuild marked the second stage of Vocus’ approximate A$652m (US$489m) equity raise to support the acquisition. Australian ISP Vocus Communications (ASX:VOC) has raised US$152m (US$114m) […]

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Tags: Asia PacificNextgen NetworksPremiumTF248Vocus Communications
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