Veda attracts strong early orders

The book build is set to close this week and the company’s shares are expected to begin trading on the ASX in early December.

The book build of the fully underwritten $337.5 million initial public offering of credit bureaux Veda will close this week after strong early orders for shares in the Pacific Equity Partners portfolio company.

Buoyant equity markets - the S&P/ASX 200 Index is up 21 per cent over the last 12 months - combined with demand for Veda’s shares at $1.25 each is pushing the IPO’s timetable forward.

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