June 2021
UBS banker who complained about bullying ‘frozen out’
A woman who complained of being bullied by a senior colleague was called “a schoolgirl” in a meeting about it and omitted from crucial meetings and events.
Costa Group auction clears at $3.30
The beefed up fruit and vegetable grower Costa Group is worth $3.30 a share following its $200 million acquisition of Pressler’s 2PH Farms Pty Ltd, according to institutional investors that bid for Costa stock into a UBS-run auction.
CPE Capital puts used car dealer Dutton Group on the block
Strong demand for used cars and surging prices have private equity firm CPE Capital ready to explore an exit at the luxury car dealer.
Cobram Estate to target retail investors in $850m float
It is doing a non-deal roadshow with institutional investors, as it aims to raise $75 million for an IPO.
Life insurer NobleOak IPO at up to 18.8x profit
It is asking fund managers to pay nearly 19 times forecast profit for shares, as part of an initial public offering that would give it a July listing.
Stake selects FinClear for ASX offering
In a second blow for OpenMarkets, Australia’s Robinhood rival Stake has chosen FinClear for its coming ASX trading product.
Jefferies mines for New Hope convertible bond, placement
Jefferies’ trading desk was in the market on Thursday night, seeking investors for a New Hope convertible bond and associated delta placement.
Macquarie, Euroz raise for gold and lithium play Firefinch
Firefinch is tapping investors for almost $47 million, with the offer set to close at 4pm AEST.
Warrego Energy taps Petra Capital for $50m raising
Perth basin oil and gas play Warrego Energy is cap in hand in front of investors asking them to help fund the group’s West Erregulla project.
OpenMarkets Group delays IPO after customer breaks contract
E&P Corporate Advisory was pitching to investors on Wednesday, but OpenMarkets Group has now decided to delay the float, likely until early September.
Lazard Australia debuts new-look firm; restructure effective July 1
Andrew Leyden will lead the new Lazard Australia, but the restructured business will maintain a strategic alliance with its old owner.
PEXA brokers launch final IPO bookbuild
Property settlements platform PEXA is making one final plea to investors to buy shares in its initial public offering.
PE closes in on homegrown cyber group Penten
It’s down to the short strokes in the auction for Australian cyber security company and Department of Defence contractor Penten.
Morrison & Co bankers up for Icon Group auction
The infrastructure money is coming for Goldman Sachs and QIC’s cancer care provider Icon Group.
Hook, line and sinker: Twiggy not the only one tasting salmon
The debt vultures eyeing off Huon Aquaculture have found themselves up against a new competitor in Andrew Forrest’s Tattarang.
Foreign suitors not welcome at ASX Ltd
Scrub ASX Ltd off the dream deals list - at least as far as cross-border M&A is concerned.
Pendal small caps kings call it a day
Fund manager Pendal’s small caps duo, Paul Hannan and Noel Webster, have resigned from the firm after nearly two decades running its Smaller Companies Fund.
General Pants Co auction set to launch, first round bids in July
Buyout funds wanting to try on The Smorgon family’s local fashion retailer General Pants Co are about to get a closer look at the label.
Three reasons why Endeavour will trade at a discount to Woolies
ESG concerns, slower historical growth and opacity about its strategy are a few things that will mean Endeavour may not be as valuable as its parent.