DataRoom AM: Phone it in

TPG looks a likely suitor for AAPT, while investors bet the WCB bidding war has a long way to go.

Telecom New Zealand appears finally ready to rid itself of the pain of its AAPT purchase from a decade ago, with TPG seen as a likely buyer. Then again, we’ve been here before and learnt it ain’t over until a certain someone sings. Meanwhile, dairy jostling has investors in a froth, Rio Tinto teams with IBM, BHP Billiton opts out of the Indian oil and gas sector and Anchorage wants National Australia Bank to offload some distressed agricultural loans.

Telecom NZ, AAPT, TPG, Vodafone Australia

Telecom New Zealand is keen to finally put the agony of its $2 billion AAPT purchase behind it, placing the telecommunications group on the auction block again, various media reports suggest.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles