Pact listing

Raphael Geminder's packaging business, Pact Group, plans to raise $649 million under its initial public offering. In a prospectus lodged with ASIC, Pact will sell shares at $3.80 each. On listing, Mr Geminder will remain a key shareholder with a 40 per cent stake. Pact

By InvestSMART · 28 Nov 2013

By InvestSMART ·
28 Nov 2013

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Frequently Asked Questions about this Article…

What is Pact Group's initial public offering (IPO) all about?

Pact Group, a packaging business led by Raphael Geminder, is planning to raise $649 million through its initial public offering (IPO). The company will sell shares at $3.80 each.

How much of Pact Group will Raphael Geminder own after the IPO?

After the IPO, Raphael Geminder will remain a key shareholder in Pact Group, retaining a 40% stake in the company.

What is the expected revenue for Pact Group this year?

Pact Group is forecasted to generate $1.1 billion in sales this year, according to the company's prospectus.

How much money is Pact Group aiming to raise with its IPO?

Pact Group aims to raise $649 million through its initial public offering.

At what price will Pact Group shares be offered in the IPO?

Pact Group shares will be offered at $3.80 each during the initial public offering.

Who is the key shareholder of Pact Group?

Raphael Geminder is the key shareholder of Pact Group, and he will maintain a 40% stake after the IPO.

What industry does Pact Group operate in?

Pact Group operates in the packaging industry, providing various packaging solutions.

Why is Pact Group's IPO significant for investors?

Pact Group's IPO is significant for investors as it offers an opportunity to invest in a company with a strong forecast of $1.1 billion in sales and a prominent shareholder like Raphael Geminder retaining a substantial stake.