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Choppy trading puts a damper on IPO marketing

Companies looking to make initial public offerings are finding current market conditions challenging.

Jamie Freed and Sarah Thompson

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The 11.8 per cent fall in the benchmark ASX 200 Index over the last month has created severe headaches for bankers looking to market large new floats such as B rookfield Multiplex Group , Grocon and Bilfinger Berger Australia (BBA).

The Brookfield Multiplex initial public offering process is said to have slowed so much that it appears unlikely the $4 billion float will see the light of day any time soon.

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Original URL: https://www.afr.com/companies/infrastructure/choppy-trading-puts-a-damper-on-ipo-marketing-20100524-iuaon