TPG gets funding to buy Pipe Networks
TPG Telecom (ASX:TPM) has secured the money it needs to go ahead with its merger with Pipe Networks (ASX: PWK).
TPG Telecom (ASX:TPM) has secured the money it needs to go ahead with its merger with Pipe Networks (ASX: PWK).
SP Telemedia (SPT) chairman David Teoh has brushed aside concerns TPG and PIPE Networks cultures will clash saying the two have a lot in common.
The impact of the tie up between SP Telemedia and PIPE Networks announced to the ASX yesterday, will not be known for some months, according to Layer 10 founder, Paul Brooks.
SP Telemedia (ASX:SOT) will acquire PIPE Networks (ASX:PWK) for $6.30 per share.
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