Street Talk
Ventia block upsized to $400m; Apollo dips below substantial holding
Turns out there was solid demand for Ventia Services Group’s shares at 3.6 per cent discount on Friday evening, paving the way for one of its IPO vendors to take more money off the table than it initially planned.
Ventia Services has traded above its IPO price. Dallas Kilponen/dak
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
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