The Chairman and CEO did not quite say that takeover offers were coming in, they alluded to perhaps, mergers, or joint ventures. Im sure Vocus was looking at SKY for a while.
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The Chairman and CEO did not quite say that takeover offers were coming in, they alluded to perhaps, mergers, or joint ventures. Im sure Vocus was looking at SKY for a while.
Agree 100%.
And a merger with Vocus is the best thing for sky long term in my view.
Hopefully Jarden can help the board see the light.
If there is still an opportunity, the window is rapidly shrinking. Vocus NZ will go ahead with the IPO to get their $600M+ if they have to.
All explained here: http://nzx-prod-s7fsd7f98s.s3-websit...698/237127.pdf
Just substitute 'Vodafone' for 'Vocus', revise the financials and hey presto! We have a deal.
Business Case even stronger today than it was in 2016 given the changes we have seen.
Not sure about that, but it is fair to say that if our Board were enthusiastic about the idea they would have sorted out a deal by now. Especially since we have a very warm relationship with Vocus right now.
I see the combined businesses having synergies from cost savings, as well as being better positioned to grow broadband/mobile numbers significantly as they bundle STB and streaming solutions.
No way could these guys get a deal with Sky past the comcom. For one thing, Spark kicked up the biggest stink about Sky-Vodafone. And second, Spark is by far and away the most dominant telco in NZ...and they already have Spark Sport. Even if they guaranteed some sort of genuine wholesale offer to other businesses, I think the Comcom would grabble with it.
No desire to buy Sky. Happy with the wholesale arrangement and the new owners invest their capital in hard assets. They would be more likely to have a go at buying Vocus than Sky.