Australia's Vocus reopens books after Macquarie's $2.6b bid, shares rise

Australia's Vocus reopens books after Macquarie's $2.6b bid, shares rise

The logo of Australia's Macquarie Group Ltd adorns a desk in the reception area of their Sydney office headquarters in Australia. REUTERS/David Gray

Australia’s Vocus Group on Monday said Macquarie’s funds had lodged a non-binding offer to acquire the fibre network owner for A$3.42 billion ($2.62 billion) and would open its book to the firm, sending its shares almost a fifth higher.

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