DataRoom AM: Medibank buzz

The wheels are turning on a sale of Medibank Private, while mooted Pepperstone and Freelancer floats heating up the IPO market.

If the bookbuild for the biggest IPO in Australia and New Zealand goes off without a hitch, Prime Minister Tony Abbott has declared a desire to offload Medibank Private. So how much is it worth? And will it float or will a trade sale be preferred by the government?

Meanwhile, Pepperstone Financial appears on the cusp of following rival OzForex to the ASX, Freelancer chooses a lead advisor for its 2014 IPO, Vocation edges closer to its listing and Boral pursues another deal with a rival firm.


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