TSXV:TRL.H - Post by User
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RTOon Oct 13, 2021 3:14pm
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Post# 34002375
Merger OR Buyout of TRL by Macquarie Asset Management?
Merger OR Buyout of TRL by Macquarie Asset Management?Macquarie Asset Management purchased Orcon for $3,5 billion a few months ago. Vocus NZ had 226,000 broadband customers last year, making it the third-largest player in the fixed-line market after Spark and Vodafone New Zealand, and is the fourth largest telco overall, after 2degrees.
So what could 2degrees fetch?? IMO, thses "merger" talks will lead to a buyout so that Orcon could manage these assets as they please, without a partner. TRL management are deal makers. They will indeed sell IF the price is right (aka: high). They are not emotially attached to any asset and love to flip for a profit. Expect the unexpected here! Could get a nice pleasant surprise, stay tuned.