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Celebrity Slim shake hopeful fronts funds ahead of mooted IPO

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A company chaired by former Trade and Investment Minister Andrew Robb is seeking an equity injection so it can buy weight loss shakes maker Celebrity Slim and list on the ASX-boards.

Street Talk understands Global Brands Australia, which is chaired by Robb and run by former hospitality training centre William Angliss Institute boss Bryan McGoldrick, is asking fund managers to back a pre-initial public offering raising to help get the company established and set it on course for a sharemarket float.

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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
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/street-talk/celebrity-slim-shake-hopeful-fronts-funds-ahead-of-mooted-ipo-20190715-p5278k