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Cuscal IPO rebooted; ASX listing targeted before year-end

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Payments infrastructure business Cuscal, which was vying to be 2023’s second-biggest IPO after Redox, is preparing for another run at the ASX boards.

Street Talk understands lead manager Bank of America is again on hand to manage the deal. A non-deal roadshow is expected to get underway in the coming weeks.

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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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Original URL: https://www.afr.com/street-talk/cuscal-ipo-rebooted-asx-listing-targeted-before-year-end-20240820-p5k3ut