Anti-trust watchdog blocks $11 billion merger of Vodafone’s Australian business with TPG Telecom

May 8, 2019 admin Business News Comments Off on Anti-trust watchdog blocks $11 billion merger of Vodafone’s Australian business with TPG Telecom

Australia’s anti-trust regulator blocked a A$15 billion ($11 billion) merger between TPG Telecom and Vodafone’s Australian joint venture on competition grounds on Wednesday, knocking shares in the firms involved.

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Source:: Reuters – Business News