DataRoom AM: Float frenzy

Brokers put a value on the planned float of Pact Group, while Queensland Investment Corporation mulls the sale of five motorways.

As the Twitter float goes off with a bang in the US, the Australian IPO market continues to gain traction of its own. The latest developments include an update on what promises to be the biggest float of the year. But just how much is Raphael Geminder’s Pact Group worth?

Elsewhere, Wesfarmers cools on an insurance sale, Bega Cheese plays the waiting game on Warrnambool Cheese and Butter and the privatisation spree continues apace. This time five Brisbane toll roads could be up for grabs.

Pact Group, dorsaVi Ltd

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Daniel Palmer

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