This Month
- Opinion
- Chanticleer
‘Overvalued’: Early verdict on DigiCo float feels like a GyG rerun
David Di Pilla cleverly and quickly seized on the hottest story in markets to get his listing away. But a bigger debate is brewing on the data centre sector.
- James Thomson
- Opinion
- Chanticleer
The five things next year’s IPOs need to make them sing
If next year’s IPO contenders can tick these boxes, they’re a good chance of getting away. If not, they’ll try to use price to bridge the gap, which is never easy.
- Anthony Macdonald
November
- Opinion
- Fast 100
Is the IPO route right for your business?
While sharemarket floats can access deep capital for growing businesses, it’s essential to explore all available options to determine the right investment path.
- Gavan Carroll
David Di Pilla’s favourite chairman applies some whitewash
The prodigious dealmaker tapped Joseph Carrozzi to be chairman of DigiCo REIT. Just don’t mention his former employer.
- Mark Di Stefano
Who is Canva’s new Wall Street weapon?
Canva’s new chief financial officer Kelly Steckelberg has seen the highs and the lows of the tech boom, and starts on Tuesday as Canva heads to an IPO.
- Amelia McGuire
Investors strip $36.4m from Cuscal on ASX debut
The cool reception for the company comes after regulators instructed the company to improve its risk controls and scepticism towards payments businesses.
- Updated
- Lucas Baird
Perth’s Merchant Funds has an unusual way of reporting returns
Additional digging into the fund, which has frozen redemptions, found the way it reports annual reports is out of step with the wider funds management community.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Cuscal closes book for $336 million IPO
The payments infrastructure business is excepted to begin trading with a $479 million market capitalisation on Monday.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
Di Pilla’s $4b data centre play books December debut on ASX
The much-heralded float from the deal-making dynamo taps into one of this year’s hottest themes across the infrastructure, technology and property sectors.
- Nick Lenaghan
Done deal! Di Pilla’s data centre REIT DigiCo locks its $2.75b ASX debut
It’s Australia’s biggest IPO in six years and adds a new data centre exposure to the ASX.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Canadian miner Marimaca Copper taps advisers for ASX debut
The company’s Hayden Locke-led management team is yet to decide if it wants to raise fresh equity as part of the ASX listing or defer it to a later date.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Wheels fall off the ASX’s new ‘Ferrari’
If the deal was about letting a sports car out of the garage, it drove straight into a freezer. A potential accounting issue is the last thing it needed.
- Anthony Macdonald
Cuscal allocates two thirds of $336.8m IPO: book message
Payments infrastructure business Cuscal is picking up pace as it eyes a $479 million float.
- Sarah Thompson, Kanika Sood and Emma Rapaport
APRA warned Cuscal on risk settings ahead of IPO
The payments company, set to list on the ASX next week, is working with the regulator to improve compliance systems after an external review disclosed in its prospectus.
- James Eyers and Lucas Baird
Software unicorn SafetyCulture to be run from New York with new CEO
SafetyCulture’s founder Luke Anear says he never really wanted to be chief executive, and that the company may be more likely to go public under Kelly Vohs.
- Amelia McGuire
- Exclusive
- Private equity
Greencross names new CEO as TPG eyes exit path
The new chief executive of the vet clinics and Petbarn and City Farmers pet stores arrives amid intense competition from Woolworths and other big retailers.
- Carrie LaFrenz
Craving copper? $502m miner Marimaca preps ASX listing
Sources said CEO Hayden Locke has been encouraged by TSX-listed $C7.5 billion Capstone Copper’s ASX listing earlier this year and sees it as a template for Marimaca.
- Sarah Thompson, Kanika Sood and Emma Rapaport
With CBA shares at $155, the IPO ice age is finally thawing
Fund managers and experts say 2025 should bring a more lively market for new listings, bolstered by interest rate cuts, new merger laws and pent-up demand.
- Simon Evans
Book covered for Cuscal $479m IPO
Street Talk understands the book for the payments infrastructure business was covered at a fixed price of $2.50 a share on Friday morning.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Di Pilla’s data centre REIT in $362m fee grab
If DigiCo gets off the ground – which it looks like it will – HMC Capital can expect at least $85 million in extra revenue in the first year. And 12 brokers will take home $107 million.
- Sarah Thompson, Kanika Sood and Emma Rapaport
