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Optus acquires 50.8 percent stake in Alphawest.(AUSTRALIA)(Brief Article)

Asia Pacific Telecom

| November 01, 2005 | COPYRIGHT 2005 Information Gatekeepers, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Optus is Australia's second largest telecom company. It has purchased a 50.8 percent stake in Alphawest, which it hopes to increase to 90 percent. The consideration offered by Optus for the deal is 68 cents for each share of Alphawest. This represents a 13 percent premium over the Alphawest's closing share price as of ...

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Source: HighBeam Research, Optus acquires 50.8 percent stake in Alphawest.(AUSTRALIA)(Brief...

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