DataRoom AM: Floating free

Freelancer.com's IPO plans are a boon for the local market, while it's D-day for The Trust Company.

Freelancer.com, somewhat appropriately, has decided to go it alone. Founder Matt Barrie has set the company on course for an IPO before the end of the year, which just might put the jitters about Australia’s resurgence back to an environment of sharemarket floats to bed once and for all. Meanwhile, it’s ACCC Day for Perpetual and it’s bid for The Trust Company, Warrnambool Cheese & Butter has urged moderation with the Bega bid and consortiums are mumbling in the background of BG’s Queensland gas infrastructure plans.

Freelancer.com, Matt Barrie, Recruit Co

Freelancer.com founder Matt Barrie has sparked great celebrations in the Australian tech sector by resisting the urge to sell out to Japan’s Recruit Co for $US400 million ($428.6 million).

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