DataRoom AM: Package deal?

Raphael Geminder considers an IPO for Pact Group and Joe Hockey puts his GrainCorp decision on the back-burner.

Packaging company Pact Group could be looking to join the flood of listings on the ASX in the coming months, with news that billionaire owner Raphael Geminder has tapped advisors almost four years after last weighing up a listing. Elsewhere, Treasurer Joe Hockey delays a call on GrainCorp — one which will divide his party, while Wilson HTM weighs up a divestment of its broking business and the Twitter IPO has some investors over-excited.

Pact Group, Raphael Geminder, Nine Entertainment

The Australian IPO market could be set for a further boost, with billionaire Raphael Geminder reportedly chasing a float of his packaging company Pact Group.


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