Inactive Instrument

UNII GROU

Equities

UWL

AU0000035388

Uniti : Australia's Uniti sweetens OptiComm takeover offer to $495 mln

October 14, 2020 at 07:36 pm

Oct 15 (Reuters) - OptiComm Ltd said on Thursday that Uniti Group Ltd raised its takeover offer 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.

The telecom services firm is now offering A$6.67 a share for OptiComm, its third offer, coming three days after Aware Super made an improved A$6.5 offer. ($1 = 1.4013 Australian dollars) (Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Muralikumar Anantharaman)

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	UNITI GROUP INC.	3.85 USD	+0.52%	-0.77%	925M
	OPTICOMM	- AUD	-.--%	-.--%	515M

Latest news about UNII GROU

Uniti Group Limited's Equity Buyback announced on October 27, 2021, has expired.	22-11-17	CI
Superloop Limited and Uniti Group Limited Sign Mutual Preferred Network Partnership	22-10-10	CI
Uniti Group Q2 Results Rise from Year Ago; Updates Outlook; Shares Lower	22-08-04	MT
GUIDANCE: (UNIT) UNITI GROUP Expects Fiscal Year 2022 EPS Range $1.54 - $1.61	22-08-04	MT
Earnings Flash (UNIT) UNITI GROUP Posts Q2 Revenue $284M	22-08-04	MT
Earnings Flash (UNIT) UNITI GROUP Posts Q2 FFO $0.41	22-08-04	MT
Uniti Group Limited Announces Permitted Dividend	22-08-04	CI
Uniti Group Limited Announces Board Changes	22-08-04	CI
Uniti Group Limited(ASX:UWL) dropped from S&P Global BMI Index	22-07-22	CI
Uniti Group Limited(ASX:UWL) dropped from S&P/ASX 200 Index	22-07-22	CI
Uniti Group Limited(ASX:UWL) dropped from S&P/ASX 300 Index	22-07-22	CI
Uniti Group Limited(ASX:UWL) dropped from S&P/ASX Small Ordinaries Index	22-07-22	CI
Uniti Group Limited(ASX:UWL) dropped from S&P/ASX All Ordinaries Index	22-07-22	CI
Brookfield Infrastructure Fund IV-A, L.P., Brookfield Infrastructure Fund IV-B, L.P., Brookfield Infrastructure Fund IV-C, L.P. and Brookfield Infrastructure Fund IV (ER) SCSP, funds managed by Brookfield Asset Management Inc. (TSX:BAM.A), The Morrison & Co Infrastructure Partnership Master Fund SCSp, managed by HRL Morrison & Co Limited, and Commonwealth Superannuation Corporation completed the acquisition of Uniti Group Limited.	22-07-20	CI
Transcript : Uniti Group Limited - Shareholder/Analyst Call	22-07-14
Uniti Group Limited Announces Dividend, Payable on 4 August 2022	22-06-30	CI
Uniti Group Limited Announces Special Dividend, Payable on August 4, 2022	22-06-29	CI
Australia's Brambles says it is in buyout talks with PE firm after $13.9 bln deal report	22-05-15	RE
Australia's TPG Telecom to sell mobile tower assets for $670 million to cut debt	22-05-08	RE
Australia's TPG Telecom to sell mobile tower assets for $670 mln to cut debt	22-05-08	RE
Uniti Group Reports Higher Q1 Results, Raises Full-Year Outlook	22-05-05	MT
Earnings Flash (UNIT) UNITI GROUP Reports Q1 FFO $0.40	22-05-05	MT
Earnings Flash (UNIT) UNITI GROUP Reports Q1 Revenue $278M	22-05-05	MT
Uniti Signs Scheme Implementation Takeover Deed	22-04-18	MT
Mining, energy stocks lift Australia shares on firm commodity prices	22-04-13	RE

Chart UNII GROU

Duration

Period

More charts

Company Profile

Uniti Group Limited is an Australia-based company that provides diversified telecommunications services. The Company operates through two segments: Wholesale, Enterprise & Infrastructure (WEI) and Consumer & Small Business (C&SB). It is engaged in the construction, ownership and operation of telecommunications infrastructure, and the provision of telecommunications and technology products and services delivered over this infrastructure as a wholesaler of the infrastructure constructed, owned and operated, as well as the operation of a communications platform as a service for the retail and wholesale supply of premium voice services over 13, 1300, 1800 calling numbers and SMS. Its services include a value-added software as a service data analytics and call tracking application, as well as the leasing of phone words on these numbers. It is also engaged in retailing telecommunications products and services to end users, operating the retail business as a functionally separated business.

Sector

More about the company