TPG Telecom to pay $1.4 billion for iiNet
TPG Telecom announced on Friday that it will acquire 100 per cent of iiNet for $8.60 per share, in a transaction valued at $1.4 billion.
TPG Telecom announced on Friday that it will acquire 100 per cent of iiNet for $8.60 per share, in a transaction valued at $1.4 billion.
iiNet has confirmed David Buckingham as its new CEO. Buckingham had been the acting in the position since November last year and was appointed by the ISP’s board of directors after an extensive worldwide search.