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Macquarie, PSP enter race to buy Australia’s Uniti Group for $2.7bn

The two have outbid previous PE contender Morrison & Co., but a number of conditions are still required and could take a long time to complete.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

March 28, 2022 | 3:31 AM BST

Macquarie, PSP enter race to buy Australia’s Uniti Group for $2.7bn

Michael Simmons, Uniti Group MD and CEO. Source: Uniti Group

The Tech Capital

Macquarie Infrastructure and Real Assets (MIRA), part of Macquarie Asset Management (MAM), and Canadian pension fund Public Sector Pension Investment Board (PSP Investments) have submitted a bid to acquire Australian wholesale fibre broadband provider Uniti Group Limited (ASX: UWL).

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João Marques Lima

Founder and Editor, The Tech Capital

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