Platinum exits Australia's Sensis to US strategic
US-based Platinum Equity has exited its control position in Sensis, best known as the operator of Australia’s White Pages and Yellow Pages directories, in a deal worth $200 million.
Platinum acquired a 70% stake in the company in 2014 from local communications giant Telstra for about A$454 million ($354 million), then about $407 million. Telstra retained a 30% position. The buyer,...
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