Good evening,

7-Eleven is back on bankers’ lips. While they had their eyes peeled for a Chemist Warehouse IPO, 7-Eleven has quietly come out of the shadows.

Street Talk hears it’s early days, with no sale process yet, but watchers are already counting the potential bidders. We’ve got the low-down on who’s who in the zoo at 7-Eleven.

Another unlisted business – this time firmly up for sale – is charter flights company Cobham Aviation Services.

Its private equity owner has MacCap Capital mailing out flyers, and tyre kickers are talking of a $1.5 billion valuation.

Over on the ASX, Nickel Mines was rattling the tin for $317 million after market close with strategics lined up.

Elsewhere, there’s a biotech raising $20 million for the world’s first peanut allergy treatment; Grant Samuel is shopping around high-end furnishings retailer Cosh Living; and listed nickel explorer Mincor is sulking at IGO’s board-endorsed bid for Western Areas, after missing out itself.

Happy reading,

Anthony Macdonald, Sarah Thompson and Kanika Sood

Street Talk editors