While it’s a small float in the scheme of things, it’s an important step for an IPO market that is buzzing with contenders. All it takes is for one float – even a small one like Airtasker – to be rejected and the pipeline could burst.
Elsewhere, VGI Partners founder Rob Luciano is looking for a new CEO and has tapped another well-known market operative for advice on the matter. Remember Luciano’s workload doubled when he lost former right-hand man and fellow executive director Doug Tynan in June last year.
And finally, there’s a $200 million-plus sale process under way for the winemaker that makes the ubiquitous Oyster Bay label.
Happy reading, Sarah Thompson, Anthony Macdonald and Tim Boyd Street Talk Editors
First, well-known hedge fund manager and Manikay Partners founder Russell Aboud set up office inside Rob Luciano’s boutique VGI Partners soon after Manikay shut down.
ASX-listed Seven West Media will sell out of Airtasker in full as part of the online jobs posting company’s initial public offering and sharemarket float.
ASX-listed lithium play Core Lithium could soon be making the most of a buying frenzy that’s sent its share price up more than 100 per cent in the first month of 2021.
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