John Wylie’s investment house Tanarra Capital is looking to rule off a second private equity exit before Christmas.
Street Talk understands Wylie has been informally shopping WoolWorks, the world’s only supplier of pure New Zealand lanolin, to potential buyers, talking up its impressive margins and opportunities for further growth.
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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