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Vonex Urges Shareholders to Back MaxoTel Takeover Amid Operational Gains
10:40am on Thursday 23rd of January, 2025 AEDT
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Telecommunications
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Vonex Urges Shareholders to Back MaxoTel Takeover Amid Operational Gains
10:40am on Thursday 23rd of January, 2025 AEDT
Key Points
Vonex recognised by ACMA for lowest TIO complaints per 10,000 services
MaxoTel acquires over 50% of Vonex shares, takeover offer closing 28 January
Vonex Board recommends shareholders accept MaxoTel’s unconditional offer
Proposed $13 million capital raise to partly repay accelerated debt facility
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