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MaxoTel Secures Westpac Funding to Seal Vonex Acquisition Deal

9:11am on Monday 15th of September, 2025 AEST Telecommunications
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MaxoTel Secures Westpac Funding to Seal Vonex Acquisition Deal

9:11am on Monday 15th of September, 2025 AEST
Key Points
  • MaxoTel signs debt facility with Westpac to finance Vonex acquisition
  • Scheme involves cash offer of 3.60 cents per Vonex share
  • Vonex independent directors recommend voting in favor, barring superior proposals
  • Independent Expert’s ongoing positive opinion remains a condition
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