[AusNOG] TPG acquires iiNet [SEC=UNCLASSIFIED]

[Shane Short]

Any what about some decent ones? :)

John Lindsay wrote:
> The Senator seems to be forgetting M2, a similar size business to iiNet (owning brands like iPrimus and Dodo) and Exetel as the two other sizeable independent ISPs.
>
> John Lindsay
> johnslindsay at mac.com
> +61403577711
>
>> On 13 Mar 2015, at 1:48 pm, Brad Peczka<brad at bradpeczka.com>  wrote:
>>
>> Looks like Scott Ludlam is on the ball, as usual: https://twitter.com/SenatorLudlam/status/576219874743058432/photo/1
>>
>> Regards,
>> -Brad.
>> ________________________________________
>> From: AusNOG [ausnog-bounces at lists.ausnog.net] On Behalf Of Guy Ellis [guy at traverse.com.au]
>> Sent: Friday, 13 March 2015 10:29 AM
>> To: ausnog at lists.ausnog.net
>> Subject: Re: [AusNOG] TPG acquires iiNet [SEC=UNCLASSIFIED]
>>
>> http://www.asx.com.au/asx/research/company.do#!/IIN
>>
>> Scroll down to the announcements.
>>
>> On 13/03/2015 1:25 PM, Kai wrote:
>>> I'm inclined to focus more on the ASX information than anything I see in the media.
>>> Are we likely to see an official statement today? or probably Monday?
>>>
>>> ----- Original Message -----
>>> From: "Anthony Moore"
>>> To:"Sam Wilson" , "Chris Chaundy"
>>> Cc:"ausnog at lists.ausnog.net"
>>> Sent:Fri, 13 Mar 2015 12:50:42 +1100
>>> Subject:Re: [AusNOG] TPG acquires iiNet [SEC=UNCLASSIFIED]
>>>
>>>   Hi All,
>>>
>>>   According to the article in the ABC,
>>> http://www.abc.net.au/news/2015-03-13/tpg-to-buy-iinet-in-takeover-deal/6312910
>>> :
>>>
>>>   -----
>>>
>>>   Thus the deal will merge two of Australia's largest internet service
>>> providers, with over 1.7 million broadband subscribers combined, and
>>> will need approval from the Australian Competition and Consumer
>>> Commission to go ahead.
>>>
>>>   "The ACCC will commence a public review after receiving a submission
>>> from the parties," the regulator said in a statement.
>>>
>>>   "The ACCC reviews mergers and acquisitions which have the potential
>>> to raise concerns under the Competition and Consumer Act 2010 (CCA).
>>>
>>>   "The CCA prohibits acquisitions that would have the effect, or be
>>> likely to have the effect, of substantially lessening competition in a
>>> market."
>>>
>>>   -----
>>>
>>>   Anthony
>>>
>>>   -----Original Message-----
>>>   From: AusNOG [mailto:ausnog-bounces at lists.ausnog.net] On Behalf Of
>>> Sam Wilson
>>>   Sent: Friday, 13 March 2015 9:55 AM
>>>   To: Chris Chaundy
>>>   Cc: ausnog at lists.ausnog.net
>>>   Subject: Re: [AusNOG] TPG acquires iiNet
>>>
>>>   From the ASX paperwork [1];
>>>
>>>   "Limited conditionality: the Scheme is subject only to limited
>>> conditionality, and is not subject to finance nor due diligence."
>>>
>>>   Ultimately, I guess that means short of ACCC it is as good as done.
>>>
>>>   1 - http://www.asx.com.au/asxpdf/20150313/pdf/42x7skx29vmnvt.pdf
>>>
>>>   On Fri, Mar 13, 2015 at 8:42 AM, Chris Chaundy  wrote:
>>>
>>>   Not if the ACCC says "no".
>>>
>>>   Sent from my iPhone
>>>
>>>   On 13 Mar 2015, at 09:37, Noel Butler  wrote:
>>>
>>>   Correct, but since the iinet board has unanimously accepted TPG's
>>> offer, its only a matter of paperwork now, so its as good as done
>>> deal.
>>>
>>>   On 13/03/2015 08:33, Peter Lawler wrote:
>>>
>>>   On 13/03/15 09:11, Andrew Yager wrote:
>>>
>>>   TPG has acquired iiNet
>>>
>>>   I think you'll find that this is a proposal and has not actually
>>>   happened yet.
>>>
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>> --
>> Guy Ellis
>> guy at traverse.com.au
>> www.traverse.com.au
>> T: +61 3 9386 4435 M: +61 419 398 234
>>
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