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Optus, Telstra, TPG buy spectrum at auction

2013-05-07 02:13:00| Telecompaper Headlines

(Telecompaper) All three biddersOptus Mobile, Telstra and TPG Internethave secured spectrum in the Australian spectrum auction. Four companies initially applied to participate in the auction. However, Vodafone Hutchison Australia withdrew before the auction, which started on 23 April. Optus secured 2x10 MHz of 700 MHz spectrum and 2x20 MHz in the 2.5 GHz band for AUD 649.13 million. Telstra paid AUD 1.30 billion for 2x20 MHz in the 700 MHz band and 2x40 MHz in the 2.5 GHz band, while TPG Internet bought 2x10 MHz in the 2.5 GHz band for AUD 13.50 million.

Tags: buy auction spectrum telstra

TPG Capital to acquire poultry processor Inghams

2013-03-12 01:00:00| Food Processing Technology

US private equity firm TPG Capital has agreed to acquire Australia's leading poultry processor Inghams Enterprises in a deal estimated to be worth approximately A$880m ($901m).

Tags: capital processor acquire poultry

TPG Said to Pay About $900 Million for Poultry Producer Inghams

2013-03-10 12:30:37| Food - Topix.net

Ninety-four years after Walter Ingham started out with a rooster and six hens, his grandson agreed to sell Australia 's biggest poultry producer to TPG Capital for about A$880 million , according to two people familiar with the transaction.

Tags: pay million producer poultry