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Last Trade - 15/10/19

Sector
Telecoms
Size
Large Cap
Market Cap £43.10bn
Enterprise Value £67.19bn
Revenue £38.20bn
Position in Universe 32nd / 1856

Australia's TPG Telecom challenges block on merger with Vodafone JV

Fri 24th May, 2019 8:31am
May 24 (Reuters) - TPG Telecom  TPM.AX  said on Friday it
has filed a case with an Australian court challenging
Australia's anti-trust regulator's move earlier this month to
block its merger with Vodafone's  VOD.L  Australian joint
venture.
     The Australian Competition and Consumer Commission
(ACCC)had blocked the A$15 billion  ($10.34 billion) merger,
citing competition concerns.  urn:newsml:reuters.com:*:nL3N22K1P9
($1 = 1.4510 Australian dollars)

 (Reporting by Devika Syamnath in Bengaluru; Editing by Simon
Cameron-Moore)
 ((Devika.Syamnath@thomsonreuters.com; +91 80 6749 1130; Reuters
Messaging: Devika.Syamnath.thomsonreuters.com@reuters.net))
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