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Australia court backs $10 billion Vodafone-TPG merger, overruling regulator

A woman looks at her phone as she walks past an advertisement for Australia's TPG Telecom Ltd
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SYDNEY (Reuters) - An Australian court on Thursday approved a $10.1 billion (£7.8 billion) merger between a local arm of Britain's Vodafone Group and internet provider TPG Telecom , overruling an earlier move by the antitrust regulator to block the deal.The Federal Court ruled that the tie-up between Vodafone's local joint venture partner, Hutchison Telecommunications (Australia) Ltd , and TPG..
Date Published: Feb 13, 2020
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