Posted inAustralia, Oceania

Australian court okays $10b Vodafone-TPG merger

Two of Australia’s largest telecommunications firms appear set to merge, after a court ruled on Thursday that the multi-billion-dollar deal between Vodafone and TPG would not pose a major threat to competition. The Australian Competition and Consumer Commission (ACCC) had blocked an attempted A$15 billion (US$10 billion) merger between the country’s third- and fourth-largest telecommunications […]

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