Street Talk
Swisse team reassembles for Hydralyte float, IPO underway
Bankers are hoping investors will be thirsty for this deal.
The North American arm of hydration solutions company Hydralyte - owned and operated by a gang of former Swiss executives - is kicking off an institutional roadshow for its initial public offering, raising $17 million at a proposed issue price of 29¢.
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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
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@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
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