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Vocus NZ And 2degrees Welcome OIO Consent

Vocus NZ and 2degrees welcome today’s statement from the Overseas Investment Office, providing consent for the acquisition of 2degrees, which will enable the merger of the two businesses.

Mark Callander, Vocus NZ CEO and named CEO of the merged business says, “We welcome OIO consent, which concludes the regulatory approvals for the transaction and will allow us to proceed with the merger of Vocus NZ and 2degrees. We expect the transaction to be finalised in the coming weeks and will come together as a combined business as 2degrees on June 1.”

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