Street Talk

Hoyts suitor PEP lines up debt funding for $700m bid

Sarah Thompson, Kanika Sood and Emma Rapaport

Jul 31, 2023 – 6.35pm

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We might be nearing closing credits for the Hoyts sale process.

Wanda is running a process to gauge buyer interest in its Hoyts cinema business.

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.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.