{"id":303763,"date":"2021-10-11T08:46:35","date_gmt":"2021-10-11T08:46:35","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=329630"},"modified":"2021-10-11T08:46:35","modified_gmt":"2021-10-11T08:46:35","slug":"2degrees-ipo-paused-on-merger-talks","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/10\/11\/2degrees-ipo-paused-on-merger-talks\/","title":{"rendered":"2degrees IPO paused on merger talks"},"content":{"rendered":"

<\/p>\n

\tA planned listing of New Zealand-based mobile operator 2degrees was hauled after its parent company Trilogy International Partners (TIP) entered in merger discussions with the owners of a local broadband operator.<\/p>\n

In a statement on 8 October, TIP explained it was in talks with Macquarie Asset Management and Aware Super about merging 2degrees and New Zealand-based Orcon Group, a fully-owned subsidiary of Vocus Group.<\/p>\n

TIP stated it agreed to pause the IPO preparations [1] of its subsidiary while a potential merger is discussed which would bring together 2degrees’ and Orcon’s \u201ccomplementary assets\u201d across mobile, broadband and fixed-line services.<\/p>\n

The combination would create an integrated fixed-mobile business of scale, TIP added.<\/p>\n

Any deal would be subject to completion of due diligence and standard regulatory approvals, it stated.<\/p>\n

Vocus Group is an Australia-based fibre and network provider, which was acquired by Macquarie Asset Management and Aware Super in July 2021.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/asia\/asia-news\/2degrees-explores-ipo-on-nz-australia-exchanges<\/p>\n\n

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A planned listing of New Zealand-based mobile operator 2degrees was hauled after its parent company …<\/p>\n

The post 2degrees IPO paused on merger talks<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":248,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"2degrees IPO paused on merger talks - ITTeacherITFreelance.hk","description":"A planned listing of New Zealand-based mobile operator 2degrees was hauled after its parent company ... The post 2degrees IPO paused on merger talks appeared fi"},"footnotes":""},"categories":[11,8,21],"tags":[9938],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/303763"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/248"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=303763"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/303763\/revisions"}],"predecessor-version":[{"id":303764,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/303763\/revisions\/303764"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=303763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=303763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=303763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}