Affinity battles KKR for Australia's Vocus with matching $1.7b bid

Affinity battles KKR for Australia's Vocus with matching $1.7b bid

Photo: Reuters

Australian internet provider Vocus Group Ltd said on Tuesday a second private equity firm has made a A$2.2 billion ($1.7 billion) takeover approach, sending its shares higher on hopes for a bidding war.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter