Aussie Broadband Limited

Equities

ABB

AU0000106643

Integrated Telecommunications Services

Market Closed - Australian S.E. Other stock markets 02:10:44 2024-04-26 am EDT			5-day change	1st Jan Change
3.61 ^AUD	+0.28%		+3.14%	-7.44%

Apr. 12	Glennon Small Portfolio Falls Short of ASX Small Ords Index at 2.8% Returns in March	MT
Apr. 02	Aussie Broadband Sells Over 37 Million Shares in Superloop	MT

Aussie Broadband Limited terminated the proposal to acquire Superloop Limited

February 25, 2024

Aussie Broadband Limited (ASX:ABB) made a proposal to acquire Superloop Limited (ASX:SLC) for AUD 370 million on February 26, 2024. Baker & McKenzie acted as legal advisor, Luminis Partners Pty Ltd. and Barrenjoey Capital Partners acted as Financial advisor to Superloop Limited.

Aussie Broadband Limited (ASX:ABB) terminated the proposal to acquire Superloop Limited (ASX:SLC) on February 26, 2024. Goldman Sachs Australia Pty Ltd acted as financial advisor to Aussie Broadband Limited (ASX:ABB).

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	AUSSIE BROADBAND LIMITED	3.61 AUD	+0.28%	+3.14%	695M
	SUPERLOOP LIMITED	1.33 AUD	-1.12%	+3.91%	435M

Latest news about Aussie Broadband Limited

Glennon Small Portfolio Falls Short of ASX Small Ords Index at 2.8% Returns in March	Apr. 11	MT
Aussie Broadband Sells Over 37 Million Shares in Superloop	Apr. 01	MT
An unknown buyer agreed to acquire 7% stake in Superloop Limited from Aussie Broadband Limited for AUD50 million.	Apr. 01	CI
Aussie Broadband 'Categorically Denies' Market Speculation on Origin Energy Agreement	Mar. 20	MT
Superloop Welcomes 'Prompt Resolution' to Aussie Broadband's Federal Court Injunction	Mar. 18	MT
Aussie Broadband Seeks Federal Court Injunction to Set Aside Superloop Notice	Mar. 18	MT
Superloop Directs Aussie Broadband to Dispose of Shares Due to Breach of Company Constitution; Superloop Shares Down 6%	Mar. 17	MT
Big Banks' Losses Drag Australian Shares	Mar. 14	MT
Aussie Broadband Falls 17% Following Termination of White Label Wholesale Deal with Origin Energy	Mar. 13	MT
Morgan Stanley Upgrades Aussie Broadband to Overweight From Underweight, Price Target is AU$5.50	Mar. 04	MT
Aussie Broadband Limited terminated the proposal to acquire Superloop Limited	Feb. 25	CI
Transcript : Aussie Broadband Limited, H1 2024 Earnings Call, Feb 23, 2024	Feb. 22
Aussie Broadband Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Feb. 22	CI
Aussie Broadband Limited completed the acquisition of Symbio Holdings Limited.	Feb. 18	CI
Australian Federal Court OKs Aussie Broadband's Acquisition of Symbio	Feb. 16	MT
Aussie Broadband Appoints Sue Klose as Non-Executive Director, Effective 1 February 2024	Dec. 12	CI
Aussie Broadband Raises AU$20 Million via Share Purchase Plan	Dec. 03	MT
Aussie Broadband Raises AU$120 Million From Share Placement	Nov. 03	MT
Aussie Broadband Looking to Raise Up to AU$140 Million Via Placement, Purchase plan	Nov. 02	MT
Aussie Broadband Seeks M&A	Nov. 01	CI
Transcript : Aussie Broadband Limited - Shareholder/Analyst Call	23-10-25
Symbio Extends Exclusivity Period for Aussie Broadband Proposal	23-10-25	MT
Aussie Broadband to Buy Symbio in Cash-And-Stock Deal	23-10-03	MT
Aussie Broadband Limited submitted a conditional nonbinding indicative proposal to acquire Symbio Holdings Limited for approximately AUD 270 million.	23-09-28	CI
Aussie Broadband's Net Profit After Tax Attributable to Members Jumps in Fiscal Year 2023; Shares Gain 6%	23-08-25	MT

Chart Aussie Broadband Limited

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Company Profile

Aussie Broadband Limited is an Australia-based telecommunications and technology company. The Company operates through four segments: Residential, Business, Wholesale, and Enterprise & government. The Residential segment represents services to residential customers, including fixed broadband, telephony, mobile, and other value add services. Business segment represents services to small and medium size businesses. Its services include connectivity, mobile, voice and support services, leveraging its technology and customer service know how to deliver product offerings and customer service. Wholesale segment offers white label and wholesale capabilities to provide services (connectivity and voice) to large white label partners across all sectors, such as energy, retail, financial and managed service providers with network and customer service. Wholesale segment provides a range of services, including connectivity, mobile, voice, managed network, security and cloud services.

Sector

Integrated Telecommunications Services

Calendar

2024-08-19 - Q4 2024 Earnings Release (Projected)

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Ratings for Aussie Broadband Limited

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

3.61 AUD

Average target price

4.162 AUD

Spread / Average Target

+15.29%

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Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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