Private equity buyer could saddle Vocus with up to $A2.4b in debt
PLUS: Vocus takes a $A199 million impairment against its New Zealand operations, which include the old FX Networks, Switch Utilities and the old CallPlus Group, including Orcon and Slingshot.
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The two buyers vying for Vocus Group both have plans to pile debt on to the telco in the classic private equity fashion, according to an AFR report .
Vocus’ New Zealand assets include the old FX Networks (which competes against Chorus), and the former CallPlus Group (including the CallPlus,
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