Telstra sold 70% of Sensis in 2014 for $454m, "booking a $150 million accounting loss on the Sensis sale".
The 30% they kept was then maybe worth $195m. For their remaining 30%, they're now getting $118m. https://www.abc.net.au/news/2014-01-13/telstra-confirms-454-million-sensis-sale-to-private-equity/5196838 https://www.itnews.com.au/news/sensis-sold-to-saas-vendor-for-257m-561650 'What's the easiest way to become a millionaire? Inherit a billion'. -- Roger Clarke mailto:[email protected] T: +61 2 6288 6916 http://www.xamax.com.au http://www.rogerclarke.com Xamax Consultancy Pty Ltd 78 Sidaway St, Chapman ACT 2611 AUSTRALIA Visiting Professor in the Faculty of Law University of N.S.W. Visiting Professor in Computer Science Australian National University _______________________________________________ Link mailing list [email protected] https://mailman.anu.edu.au/mailman/listinfo/link
