MQGPC News: UPDATE 1-Australia's Uniti agrees to $2.7 bln takeover offer from Brookfield, Morrison & Co - 14th Apr 2022, 9:50am

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(Adds deal details, background)

April 14 (Reuters) - Uniti Group has agreed to a nearly A$3.62 billion ($2.70 billion) takeover offer by a unit of Canada's Brookfield Asset Management Inc and fund manager Morrison & Co, the Australian telecom firm said on Thursday.

Under the deal, Uniti shareholders will receive A$5.0 for each share, representing a premium of 58.7% to the stock's closing price on March 14, a day before the telecom firm received an initial A$4.50 per share offer from the Morris...

>>> Read more: UPDATE 1-Australia's Uniti agrees to $2.7 bln takeover offer from Brookfield, Morrison & Co
 
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