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Di Pilla’s bolt from the blue snatches biggest IPO of the year

Six months ago, no one saw this float coming. But at $1.65 billion, it is the largest raising for a new Australian company since 2018.

While most of us sat around bemoaning Australia’s lacklustre IPO market this year, David Di Pilla did something about it.

He found something that could sell – the hottest investment theme in the world – and a way to sell it.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/di-pilla-s-bolt-from-the-blue-snatches-biggest-ipo-of-the-year-20241111-p5kpke