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Regal throws its weight behind ‘takeover target’ Zip Co

Zip Co has no shortage of supporters with the stock up 860 per cent over the past year but the buy now, pay later company has found itself a powerful backer.

Phil King, a former Macquarie sell-side analyst, has turned Regal into a key element in Australia’s equity markets. Dion Georgopoulos

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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
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

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Original URL: https://www.afr.com/street-talk/regal-throws-its-weight-behind-takeover-target-zip-co-20240923-p5kcta