Bravura IPO covered at $1.45 ahead of close
IPO-hopeful Bravura Solutions' bookrunners are understood to have told funds that the initial public offering is covered at $1.45 a share, leading into the 5pm bookbuild close.
Anthony Macdonald co-edits the Street Talk column, specialising in capital markets and mergers and acquisitions.
IPO-hopeful Bravura Solutions' bookrunners are understood to have told funds that the initial public offering is covered at $1.45 a share, leading into the 5pm bookbuild close.
Former Hayberry Investments hedge fund manager Rohan Hedley will chair Watermark Funds Management's new listed investment company, Watermark Global Leaders Fund Ltd.
Private equity firm Archer Capital has sent a request for proposal to investment banks, seeking sale ideas and structures for its fast food business QSR Holdings.
Deutsche Bank analysts have called time on Wesfarmers, cutting the stock to "sell" from "hold" on softer than expected food and liquor sales.
It is more compelling for oil giant BP to make a tilt for Caltex Australia rather than buying Woolworths' petrol business, according to Credit Suisse.
All the focus is on National Australia Bank on Thursday morning, but what about its former problem child CYBG?
There is a debate brewing inside investment banks.
Bravura Solutions has cut the offer price for its initial public offering to $1.45 a share, according to a termsheet sent to fund managers o...
Valeant Pharmaceuticals is hoping for a quick and clean sale process for pharmaceuticals group iNova.
Petrol stations owner United Petroleum is understood to have shelved its plans for an Australian Securities Exchange listing this year.
In the spirit of slow-or-non-growing companies revisiting M&A; plans, what about a $5 billion IOOF Holdings and Perpetual Ltd tie-up?
Where there is muck, there is money.
ASX aspirant Autosports Group's initial public offering has priced at $2.40 a share, equating to a multiple of 17.2 times forecast net profi...
Morgan Stanley Wealth Management has markedly grown revenue per adviser and has returned to monthly profitability since imposing commission ...
A flyer for South Australia's land registry business has been released to interested parties.
Serial equity raiser Tox Free Solutions is back in the market for fresh funds.
Restaurant Brands New Zealand is seeking to raise $NZ94 million for an offshore acquisition.
Autosports Group will give the initial public offering market a much needed shot in the arm on Wednesday.
Moly-Cop's not making it easy for fund managers.
Lenders to Perth-based offshore oil and gas fleet services company MMA Offshore have been taking on water for some time.
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