DataRoom AM: Eyes on Ten

Ten Network’s latest profit downgrade has private equity firms sniffing around for a cheap bid, while Mantra’s weak IPO has fears of float fatigue seeping in.

The struggles at Ten Network have ensured plenty of speculation over its future and if the latest is to be believed, we might not have to endure much more of it.

Elsewhere, Frank Lowy gets his restructure wish, M2 Group mulls a play for Lumo Energy, David Jones cautions of a further takeover vote delay and fears of float fatigue come under the microscope.

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