Australia's Uniti sweetens OptiComm takeover offer to $495m

Australia's Uniti sweetens OptiComm takeover offer to $495m

Photo by Chronis Yan on Unsplash

Uniti Group Ltd hiked its takeover offer for OptiComm Ltd on Thursday to A$694.2 million ($495.38 million), nearly 3% higher than pension fund Aware Super’s bid, ratcheting up the battle for the fibre infrastructure provider.