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AGL withdraws bid for Australian operator Vocus

2019-06-18 07:33:00| Telecompaper Headlines

(Telecompaper) AGL Energy reports it has ceased undertaking due diligence on Vocus Group. AGL has also decided to withdraw its non-binding, indicative proposal to acquire Vocus. According to AGL CEO Brett Redman, AGL is now exploring investment opportunities across three focus areas: optimising its existing portfolio for performance and value; evolving and expanding its core energy markets offerings; and creating new opportunities with connected customers. 

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Australian Pyrenees Crude Sells At Record Premium Ahead Of IMO 2020

2019-05-27 12:49:47| OGI

Australian oil and gas company Santos has sold heavy sweet crude Pyrenees at an all-time high premium of more than $10 a barrel as traders continued to stock up the oil ahead of a ship fuel change mandate, three trade sources said on Monday.

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Starward launches Australian whisky in US

2019-05-09 16:21:00| Daily beverage news and comment - from just-drinks.com

Australian distiller Starward Whisky has launched in the US, with its Nova whisky expression hitting the country this week.

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Australian watchdog rejects TPG-Vodafone merger

2019-05-08 11:16:00| Telecompaper Headlines

(Telecompaper) The country's three mobile network operators, Telstra, Optus and Vodafone, currently have over 87 percent share. Similarly, the fixed broadband market is concentrated, with Telstra, TPG and Optus having 85 percent share. The watchdog said the proposed merger will reduce competition and contestability in this sector, as noted in its preliminary concerns on the deal. 

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Australian regulator blocks A$15 billion merger between Vodafone and TPG

2019-05-08 02:00:00| Total Telecom industry news

Australia's anti-monopoly watchdog has blocked the proposed merger between Vodafone Australia and TPG Telecom. The pair had been set for a A$15 billion (£…read more on TotalTele.com »

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