Aware Super invests in Vocus Group
Aware Super joined Macquarie Infrastructure and Real Assets (MIRA) in acquiring Vocus Group, an Australian telecommunications infrastructure company, for A$3.5 billion.
Source Intelligence
MIRA offered $5.50 per share in its proposal. "The non-binding offer has otherwise kept the same terms." "The consortium is still conducting its due diligence investigations, with the Vocus board noting there is “no certainty” the proposal will result in a binding offer."
"Macquarie Infrastructure and Real Assets (MIRA) and its managed funds first moved to acquire all of the shares of Vocus"
"On Tuesday, Vocus alerted shareholders it had been advised MIRA had teamed up with $130 billion industry super fund Aware Super to form a consortium for the bid."
"Macquarie’s infrastructure business has partnered with Aware Super for its $3.4 billion takeover bid of telecommunications group Vocus."
Global Infrastructure Sherpa