Australia-based VGI Partners Ltd. is listing investment company VGI Partners Asian Investments Ltd. to raise up to A$1 billion.
The IPO aims to raise a minimum of A$250 million and a maximum of A$800 million with the ability to accept a further A$200 million in oversubscriptions, according to a stock exchange filing. The offer price is A$2.50 per share.
The company is looking to issue 100 million to 400 million shares, depending on investor demand.
The offer will open Sept. 23 and will close Oct. 22.
