Latitude Financial Planning Largest Australian IPO in Five Years -Reuters
20 September 2019 - 11:37PM
Dow Jones News
--Australia's Latitude Financial is planning to list its shares
in an IPO that would value the non-bank lender at about 3.7 billion
Australian dollars ($2.51 billion), Reuters reports, citing two
sources familiar with the matter.
--Latitude, which is partly owned by Deutsche Bank AG (DBK.XE)
and U.S. private-equity firm KKR & Co. (KKR), is planning to
lodge regulatory documentation on Sept. 26 for what would be the
largest share float in Australia for five years, Reuters
reports.
Full story: https://reut.rs/2lXNl5x
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(END) Dow Jones Newswires
September 20, 2019 09:22 ET (13:22 GMT)
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