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On June 29, Australian Communications Vocus Communications made it clear that the Next gen networks will reach an agreement on the acquisition for 807 million Australian dollars (about 430 million yuan
).
On the same day, Vocus said that trading on the Australian Stock Exchange was temporarily suspended, and 650 million Australian dollars (about 3.
24 billion yuan) per share was issued, and capital increased began
.
Vocus, now in fourth place, said that if the acquisition comes to fruition, it will be a big threat
to competing giants Telstra, Optus and TPG Telecom.
Nextgen said that it will operate and manage
17,000 kilometers of optical fiber networks and data centers connected to seven major cities across the country.
Through the acquisition, Vocus will acquire Next gen's fiber network
.
Acquired two submarine cable installation projects
.
Next gen's data center business is outside
the object.
Vocus will increase its cost reduction to A$30 million (approximately RMB150 million)
through synergies.
The company will issue about A$452 million (about RMB 2.
25 billion) through shareholder dividends, and increase its capital by A$200 million (about RMB 990 million) through institutional investor private placement, and the shortfall will be supplemented
by liabilities.
The project will be recognized by the authorities and by the end of September, the acquisition will be completed with Credit Suisse as an officer
.
For Next gen, Canadian instructors said OTPPB accounts for about 70 percent and large construction company CIMIC Group, which accounts for 30 percent, each contributing
money.
OTPPB acquired this stake
in 2013.
Note: The exchange rate used in this article is 1 Australian dollar = 4.
9877 yuan
On June 29, Australian Communications Vocus Communications made it clear that the Next gen networks will reach an agreement on the acquisition for 807 million Australian dollars (about 430 million yuan
).
On the same day, Vocus said that trading on the Australian Stock Exchange was temporarily suspended, and 650 million Australian dollars (about 3.
24 billion yuan) per share was issued, and capital increased began
.
Vocus, now in fourth place, said that if the acquisition comes to fruition, it will be a big threat
to competing giants Telstra, Optus and TPG Telecom.
Nextgen said that it will operate and manage
17,000 kilometers of optical fiber networks and data centers connected to seven major cities across the country.
Through the acquisition, Vocus will acquire Next gen's fiber network
.
Acquired two submarine cable installation projects
.
Next gen's data center business is outside
the object.
Vocus will increase its cost reduction to A$30 million (approximately RMB150 million)
through synergies.
The company will issue about A$452 million (about RMB 2.
25 billion) through shareholder dividends, and increase its capital by A$200 million (about RMB 990 million) through institutional investor private placement, and the shortfall will be supplemented
by liabilities.
The project will be recognized by the authorities and by the end of September, the acquisition will be completed with Credit Suisse as an officer
.
For Next gen, Canadian instructors said OTPPB accounts for about 70 percent and large construction company CIMIC Group, which accounts for 30 percent, each contributing
money.
OTPPB acquired this stake
in 2013.
Note: The exchange rate used in this article is 1 Australian dollar = 4.
9877 yuan
