June 7 Australian telecoms company Vocus Group Ltd said on Wednesday it received an indicative takeover offer from private equity firm KKR & Co LP which valued the company at A$2.2 billion ($1.65 billion).
Vocus said KKR made a non-binding indicative offer to buy all its shares for A$3.50 in cash, a 22 percent premium to the stock's closing price the previous day.
The Sydney-listed takeover target said it would review and access the proposal.
($1 = 1.3310 Australian dollars) (Reporting by Christina Martin in Bengaluru; Editing by Byron Kaye and Stephen Coates)
BRIEF-Broken Hill Prospecting says resolved legal dispute with Relentless Resources
* Relentless Resources agreed to pay BPL $3.1 mln within 90 days Source text for Eikon: Further company coverage:
UPDATE 1-Linde's Lincare settles U.S. whistleblower case for $20 million
June 27 Linde AG's Lincare unit has agreed to pay $20 million to resolve a whistleblower lawsuit accusing the company of fraudulently billing the U.S. government for oxygen and respiratory care equipment.