Good evening,

It was a big day with deals flying everywhere.

Lining them up by size, Igneo Infrastructure Partners (nee First Sentier nee CFSGAM) was close to taking Waste Management NZ for $2 billion.

Also from across the ditch, Air NZ was running the biggest follow-on equity raising in the country’s history at $NZ1.2 billion.

Then there was global PE firm The Riverside Co buying software play EventsAir, while Oaktree was stalking a stake in Findex.

Of course, the action is far from over. Igneo’s purchase of Waste Management NZ isn’t exactly signed, sealed and delivered yet; and at Air NZ, fund managers will be working late tonight for the sub-underwriting bids, and later for the shortfall auction.

Elsewhere, ex-Kapstream head of credit Raymond Lee is making a comeback; and we’ve got the numbers on gold testing business and IPO hopeful Chrysos.

Happy reading,

Anthony Macdonald, Sarah Thompson and Kanika Sood
Street Talk Editors