Nine IPO set for December
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
Nine Entertainment Co's shareholders have settled on the first fortnight of December as the most logical time for a $3 billion float, The Australian reports.
According to the newspaper, US hedge funds Apollo and Oaktree favour the month as lower interest rates and strengthening global markets boost the stock market, and have also been encouraged by a lift in the local advertising market and rising business confidence after the election, which Eureka Live had alerted investors to two weeks ago in Nine's IPO Xmas present.
Nine executives are meeting with possible local investors in Sydney this week about the float, which aims to raise between $800 million and $1.2 billion to pay down Nine's debt and repay Apollo and Oaktree, The Australian reports.
The news follows a deal struck between Nine and WIN Corporation that would make it easier for Nine to purchase WIN's regional television stations if the Abbott government eliminates reach rules that currently bar free-to-air TV sector consolidation.