Veda seeks to raise $340 million in a December IPO

Pacific Equity Partners will retain a majority stake in the credit-checking company.

Pacific Equity Partners has secured cornerstone investors for the initial public offering of Veda, making it confident the credit-checking company can raise $340 million through a December sale of new shares.

Australia’s largest private-equity firm is not selling its shares in the IPO. It will have a 60 per cent stake in Veda after the share sale.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles