As luck would have it, David Di Pilla was there just at the right time.
Street Talk understands Australia’s top bankers can’t stop talking about the former UBS banker and major Sigma shareholder’s apparent stroke of genius on Project Orbit. Naturally, these are the same people who have been chasing a Chemist Warehouse IPO for almost a decade and just lost out on a big pile of fees, so you can excuse them for being a bit salty.
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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
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
