Street Talk

Nick Scali to launch equity raising for UK foray; Macquarie on ticket

Sarah Thompson, Kanika Sood and Emma Rapaport

Apr 24, 2024 – 7.30am

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ASX-listed Nick Scali Limited has agreed terms to acquire the United Kingdom’s Anglia Home Furnishings – which trades as Fabb Furniture – and will go cap in hands to investors on Wednesday to fund the deal.

Anthony Scali - CEO of sofa and furniture group Nick Scali - is putting his money where his mouth is. AFR

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

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

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