ComCom to review proposed Vocus Group acquisition of 2degrees

The Commerce Commission has begun reviewing the proposed merger of Orcon Group and 2degrees.Orcon Group, formerly Vocus NZ, is the New Zealand subsidiary of Vocus Group, the Australian-based telecoms entity previously ASX-listed and now owned by Macquarie Asset Management and Aware Super. A proposed acquisition application dated Jan 4 states 100% of 2degrees’ shares would be acquired from its shareholders Trilogy International and Tesbrit B.V. by Voyage Digital (NZ) Limited, a newly incorporated Vocus Group company.The new company wo...
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