1st two paragraphs below. Unfortunately the reading doesn't get any more positive. Along the lines of bankers aren't convinced to fund ASC and may need to sell down that too.
Australia-listed telco Vocus is believed to be poised to strike a deal to offload its assets across the Tasman to Trustpower in a sale expected to be worth about $250 million.
The New Zealand arm of Vocus has been up for sale through investment bank Goldman Sachs and it is now understood that a sale is close to being reached, but at far less than the $400m it was earlier estimated to be worth.
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