David Dicker is kissing goodbye to his namesake IT services business.
Street Talk can reveal Dicker sold down his leftover 30 million shares in the $1.7 billion ASX-listed company before Friday’s opening bell. Barrenjoey Capital Partners had underwritten the block trade at $8.35 a share, a 9.7 per cent discount to the last close.
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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
