Clearly, the big US bank is close to Chemist Warehouse, at a time when the retailer’s shareholders have been told the company is working towards a float in the second half of this year.
If it comes off, it would be one of the biggest ever listings in Australia, and would be sure to draw a big crowd of domestic and offshore fund managers.
It was bankers galore at Melbourne Park over the weekend - and plenty of snooping to see who had landed which clients to take to the men’s and women’s tennis finals.
Investment bank Jefferies has started drumming up private equity interest in Silver Lake’s Australian born-and-bred ticketing and live entertainment business TEG, preparing potential buyers for a process due to play out in coming months.
NYSE-listed Metals Acquisition Corp, which signed a $US1.1 billion deal to buy Glencore’s CSA copper mine a year ago, has put a $US125 million odd equity raising to fund managers to bed the acquisition.
With D-day looming for Hancock’s 36c offer for Warrego Energy, it looks no closer to meeting its 40 per cent minimum condition. But rival Strike Energy is also getting deserted by backers.
