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Latitude fails to light up ASX, float pulled for second time

Updated

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The silence was deafening out of the Latitude Financial Group camp on Tuesday night.

With the biggest initial public offering of the year at stake, there was no chest beating by bankers, no crowing to fund managers about expected after-market gains and no corks popping inside the offices of KKR, Varde Partners and Deutsche Bank.

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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
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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Original URL: https://www.afr.com/street-talk/latitude-fails-to-light-up-asx-float-pulled-for-second-time-20191015-p530pi