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IPO

This Month

Canva’s Cliff Orbrecht (left), Cameron Adams and Melanie Perkins.

You don’t need a family office to buy shares in unicorns

For as little as $8000, investors can buy stock in unlisted tech superstars like Airwallex on a market that, at first glance, looks and feels a lot like a public market. Is Canva next?

Used car refurbisher and dealer Carma hopes to break the IPO drought

Should it proceed with an initial public offering, it would counter a trend of venture-backed companies delaying listings for years or even indefinitely.

ATI founder Christian Beck has won the Sydney-Hobart Yacht Race two years in a row. Now he is hoping to win the IPO markets.

InfoTrack owner ATI Global greenlights IPO

The owner of a stable of legal software is gearing up for an IPO in 2027.

Faith in Danny Milham remains good despite the demise of Milkrun.

Koala schedules non-deal roadshow for IPO; $100m raising tipped

Should Koala progress with the IPO, sources said it could raise about $100 million for a circa $500 million valuation.

Wilson Asset Management is understood to have a network of more than 130,000 investors.

Geoff Wilson’s new LIC crosses $100m in commitments

Wilson has been powering through a roadshow and has until April 11 to hit the $510 million target spelled out in the prospectus.

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Chris Andrews, CEO, La Trobe Financial

Brookfield-backed La Trobe selects advisers for strategic review

Morgan Stanley and UBS were appointed in recent days to canvass options for the firm, which has $20 billion in assets under management.

Major investment banks expect more activity this year after a long period of few IPOs.

JPMorgan on track to take out first quarter’s ECM dealmaking crown

Some of the country’s most prominent bankers say there is plenty of activity in preparing floats, although volatile markets could push those plans back for now.

Mainland Group’s René Dedoncker met fund managers in Sydney on Tuesday and will do the same in Melbourne on Wednesday.

Fonterra’s Mainland IPO milks investor thirst for new ideas

The guts of the business is to take milk from Australia and New Zealand farms, turn it into cheese and butter, and sell it regionally. Is that tasty enough in volatile markets?

Square Peg’s Paul Bassatt, OneVentures’ Michelle Deaker, Airtree’s Craig Blair,  Andrea Gardiner of Jelix Ventures, and Blackbird’s Rick Baker are among the investors who responded to the AFR survey.

14 venture capitalists unpack the year ahead

More than a dozen of the country’s biggest tech investors say floats will return, there’s no AI bubble, and Donald Trump may be good news for local firms.

From left: Coles CEO Leah Weckert and group corporate and Indigenous affairs officer Sally Fielke, Chanticleer columnist Anthony Macdonald and Wilson Asset Management’s Geoff Wilson.

Geoff Wilson finds a loophole for broker fees

The investor knows that LICs can’t charge stamping fees. But there are other ways to incentivise the middlemen.

Guzman y Gomez was the ASX’s largest IPO in 2024.

Don’t worry about Trump’s tariffs, IPOs are coming: Freehills

The law firm’s annual temperature check of equity capital markets says this year could top the $1.1 billion raised across big-ticket IPOs last year.

Fonterra is the dairy giant behind Western Star butter and Mainland cheese.

Dairy giant Fonterra’s consumer IPO could raise $1b to $2b: sources

Advisors to the New Zealand dairy giant are booking in meetings with investors from next week ahead of a planned IPO for the company, known as Mainland.

Janus Electric chief executive Ian Campbell.

David Paradice, Ashok Jacob back electric truck hopeful’s ASX run

Janus Electric, run by former Citi banker Ian Campbell, is raising $10 million and heading for the local sharemarket through a backdoor listing.

Dany Milham in 2016, shortly after he co-founded Koala.

Mattress-in-a-box retailer Koala explores $500m-plus ASX listing

The decade-old start-up that expanded into homewares has engaged Barrenjoey as it assesses its options four months after the return of co-founder Dany Milham.

Qantas and Virgin Australia are unlikely to engage in a price war.

Virgin Australia’s new CEO must navigate a narrow path to the ASX

Having locked in a bumper deal with Qatar Airways and landed on a successor to Jayne Hrdlicka, the airline has cleared the decks for another run at listing.

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It’s five-years since Richard Branson was among Virgin investors wiped out in its administration.

Virgin’s new boss flies in with strict instructions

Is “nothing silly” what Dave Emerson, the incoming boss of Australia’s No.2 airline, wants to hear? It doesn’t matter.

Westpac Treasurer Curt Zuber.

Wilson’s new $400m IPO pairs ASX 300 stocks with bank debt

ASX 300 companies will make up around 60 per cent to 70 per cent of the portfolio.

February

Will Davidson, UHL CEO (left) and Stephen Cartwright, CEO of GoZero, with a GoZero electric bus at Lane Cove bus depot.

EV bus builder GoZero clinches $400m valuation; kicks off IPO campaign

Morgans and MA Moelis Australia have been appointed joint lead managers on the IPO and will be in the fast lane for a mid-2025 listing date.

Doing the sums: Real Pet Food Company is expected to front new potential investors in coming months.

Real Pet Food appoints Citi for $1 billion sale

RPFC is one of the largest pet food companies in Australia and the biggest producer of fresh chilled pet food in the world.

Jayne Hrdlicka says Virgin is ready to float when its owner, Bain Capital, chooses to do so.

Hrdlicka says Virgin ‘ready’ for float after FIRB approves Qatar deal

But the Bain Capital-owned airline’s chief executive would not provide a timeline for her departure, putting a major roadblock in front of a run at the ASX.

Original URL: https://www.afr.com/topic/initial-public-offering-1mx1