M2 announces competing offer for iiNet
M2 Group confirmed on Monday it will compete against TPG Telecom to acquire 100 per cent of iiNet. The company values its competing proposal at around $11.37 per iiNet share.
M2 Group confirmed on Monday it will compete against TPG Telecom to acquire 100 per cent of iiNet. The company values its competing proposal at around $11.37 per iiNet share.
M2 Communications’ net profit after tax has jumped 47 per cent to $24.7 million, driven by its Primus acquisition contributing strongly to revenue and earnings, the company reported today in its half-year results.
Primus Australia has jumped on board the Australian Government Information Management Office’s (AGIMO) Data Centre Facilities Panel as the agency makes its final additions to the panel.