- TPG Telecom (OTC:TPPTY) isn't likely to get a court ruling on its proposed merger with Vodafone Hutchison Australia (VOD +1.1%) before Christmas, Credit Suisse says.
- That's despite the fact that the Federal Court hearing is likely to wrap up by the beginning of October. The decision is seen as a key driver for the stock, Credit Suisse says.
- The merger was blocked in May after falling back from an original provisional decision date of March 28, 2019. TPG filed proceedings looking for a favorable order from the court that month.