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Superloop receives $500m buyout offer

By Nico Arboleda on May 3, 2019 10:49AM
Superloop receives $500m buyout offer

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Government-owned Queensland Investment Corporation has offered to buy network provider Superloop for just under $500 million. Superloop received the offer from QIC subsidiary QIC Private Capital to pay $1.95 for each Superloop share for a total of $494 million. “The board of Superloop, ...

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qic queensland investment corporation superloop telco

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By Nico Arboleda
May 3 2019
10:49AM
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Related Articles

  • Superloop scores $25m wholesale NBN deal with MNF Group subsidiary Symbio Networks
  • Superloop hires another NBN Co veteran
  • Former NBN Co, Telstra exec Paul Tyler joins Superloop as CEO
  • Superloop's $500 million takeover offer falls apart after failing to reach deal with QIC
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