Telstra sells control of Sensis to U.S. equity firm

14 Jan 2014
Australian telecommunications firm Telstra sold 70 percent of its directories arm Sensis to U.S. private equity firm Platinum Equity for $454 million AUD ($500 million U.S.), the company announced today.In a long statement (here in PDF) Telstra said Platinum Equity will take control

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The AIM Group, formally the Advanced Interactive Media Group LLC, is the world’s leading consultancy in interactive media and classified advertising. We publish Classified Intelligence Report, a continuous advisory service known as “the bible of the classified advertising industry.”