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ACCC Asked To Probe TPG Deal

ACCC Asked To Probe TPG Deal

Vocus and Amcom Telecommunications are set to merge in a $1.2 billion merger deal.

TPG said last week that it would increase its stake in Amcom to 18.6 percent, citing the Vocus merger announcement from December as its reason for increasing its investment.

Vocus said that it remains committed to the proposal, and that the Amcom board continues to recommend that shareholders vote in favour of the merger.