DataRoom AM: Float fizzle

Asaleo Care's bookbuild closes early despite concerns investors are growing wary of the IPO market, while Woolworths’ pubs portfolio proves a hot ticket.

The IPO market is at a crucial juncture, with a number of high profile offerings ready to hit markets just as investors show signs of growing a little weary, and wary, of new offerings.

Elsewhere, Woolworths receives plenty of interest in its pubs portfolio, the Victorian government whittles down the contenders for the East West Link and Echo Entertainment takes the fight to James Packer for a second casino in Brisbane.

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