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Vocus Group finalises $3.5bn acquisition
Allens has advised Vocus Group on its acquisition for 100 per cent of its share capital by way of scheme of arrangement.
Emma Musgrave
Firm: Allens (Vocus Group); Gilbert + Tobin (MIRA and Aware Super).
Value: $3.5 billion.
Area: M&A, finance, corporate.
Key players: Allens corporate partners Guy Alexander and Mark Malinas led the Allens team on the acquisition. The pair were supported by several key individuals across multiple practice areas.
Representing the M&A team on the deal were managing associate Hannah Biggins, special counsel Gadi Bloch, associates Vincent Pang, Elise Blume and Dana Harding, lawyer Erica Tan and law graduate Lana Yang.
FIRB partner Wendy Rae also provided assistance, as did banking and finance partner David Couper, technology media and telecommunications partner Michael Park, tax partner Tim Power and tax senior associate Jay Prasad.
Representing the team advising on the court process elements were partner Kim Reid, senior associate Tom Kavanagh, lawyer Nicholas Michalakas and law graduate Olivia Morris.
Deal significance: As per a statement provided by Allens, Vocus Group owns and operates 30,000 kilometres of fibre network that is purpose-built and managed for business and government.
“The acquisition was approved by Vocus shareholders and the Supreme Court of New South Wales this week. It is expected to close on 22 July 2021,” the firm said.
Commenting on the transaction, Allens co-lead partner Mr Malinas said: “We congratulate Vocus Group and its Board on this significant milestone. Take-privates are never straightforward, and we are honoured to have advised Vocus on this transaction.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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