[SINGAPORE] South-east Asian online realtor PropertyGuru Group, which counts buyout firms TPG Capital and KKR among its backers, is targeting an Australian IPO which could raise up to A$400 million this year, sources with knowledge of the deal told Reuters on Tuesday.
Senior officials from the Singapore-based company, which operates real estate portals in the region, will start meeting Australian investors within the next few weeks before starting their pitches to Asian and US investors, two sources said. An external spokesman of PropertyGuru said:"We are considering a number of funding and strategic options but no decision has been made at this time."
PropertyGuru has appointed UBS and Credit Suisse as joint lead managers for the IPO. Both banks declined comment.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PropertyGuru plans up to A$400m Australian IPO: SourcesSINGAPORE: Southeast Asian online realtor PropertyGuru Group, which counts buyout firms TPG Capital and KKR among its backers, is targeting an ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
PropertyGuru said to plan up to $378.5m Australian IPO; board reshuffledSINGAPORE (REUTERS) - South-east Asian online realtor PropertyGuru Group, which counts buyout firms TPG Capital and KKR among its backers, is targeting an Australian IPO which could raise up to A$400 million (S$378.5 million) this year, sources with knowledge of the deal told Reuters on Tuesday.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
JPMorgan close to winning lead advisory role for Saudi Aramco IPO: sourceJPMorgan Chase & Co is close to winning the lead advisory role for Saudi Aramco's initial public offering, a source familiar with the situation ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
JPMorgan close to winning lead advisory role for Saudi Aramco IPO: sourceREUTERS: JPMorgan Chase & Co is close to winning the lead advisory role for Saudi Aramco's initial public offering, a source familiar with the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
JPMorgan close to winning lead advisory role for mega Saudi Aramco IPO: SourceNEW YORK (REUTERS) - JPMorgan Chase & Co is close to winning the lead advisory role for Saudi Aramco's initial public offering, a source familiar with the situation said on Sunday (Sept 8).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
SoftBank urges WeWork to shelve IPO over valuation concerns: FTSoftBank Group , a top shareholder in the holding company of U.S. office-sharing startup WeWork, is urging it to shelve a planned IPO on concerns ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »