Street Talk
PEP, Hoyts bounce back into frame for Funlab
The sale of Next Capital's Funlab is proving to have more twists and turns than a game of mini-golf.
Street Talk can reveal that Funlab, which had been speaking to investors about a potential initial public offering, has re-started talks with buyout fund Pacific Equity Partners and cinema owner Hoyts.
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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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