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Amaysim buys Vaya for AUD 70 mln

2016-01-04 10:02:00| Telecompaper Headlines

(Telecompaper) Australian MVNO Amaysim has completed its full acquisition of Vaya for AUD 70 million, including an equity value of AUD 20 million. The price includes AUD 5 million paid in cash to Vaya vendors on completion and AUD 15 million of Amaysim shares issued to Vaya vendors over 12 months, in three equal tranches. Amaysim will also assume a total of AUD 50 million of liabilities to Optus, payable over two years.

Tags: buys aud mln

Category:Telecommunications

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