17 December 2014: Clayton Utz is advising ASX listed telecommunications and IT company Amcom Telecommunications Limited (ASX:AMM) in respect of its entry into a Scheme Implementation Agreement with ASX listed Vocus Communications Limited (ASX:VOC), announced today.
Under the agreement, Vocus will acquire the outstanding 90 per cent of shares it does not already own in Amcom via a scheme of arrangement. The scheme will be subject to, among other things, Amcom shareholder and Court approvals. If approved, Amcom shareholders will receive 0.4614 Vocus shares for each Amcom share, representing a value of $2.45 per Amcom share.
Clayton Utz Perth corporate partner Mark Paganin is leading the firm's team with support from senior associate Stephen Neale and lawyer Gabrielle Pugh.