Brookfield-Led Investor Consortium Reaches A$ 3.6 Billion Uniti Takeover

Posted on 04/14/2022

Sydney-based MBC BidCo Pty Ltd is the name of the investor group buying Adelaide-based Uniti Group Limited. MBC BidCo Pty Ltd is comprised of The Morrison & Co. Infrastructure Partnership, Commonwealth Superannuation Corporation, and Brookfield Australia (Brookfield Asset Management). The cash price of A$ 5 per Uniti share implies an equity value, on a 100% fully diluted basis, of circa A$ 3.62 billion and an enterprise value of around A$ 3.73 billion.

Brookfield Asset Management is making the investment via Brookfield Infrastructure Fund IV.

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