DataRoom AM: TPG top-up

Investors are pleased TPG finally sealed the deal on acquiring AAPT, while Amcor and Brambles get ticks of approval for their respective demergers.

The long-running saga over whether a takeover could be sealed for AAPT Telecommunications has finally ended with TPG Telecom announcing the purchase from Telecom New Zealand yesterday. While it may be the final chapter in a troubled buy for Telecom NZ, investors see it as the start of a positive period for TPG.

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