trending Market Intelligence /marketintelligence/en/news-insights/trending/T1wp2wA6JVSAEi80vtIsfA2 content esgSubNav
In This List

Australia's Latitude Financial selects managers for IPO

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Australia's Latitude Financial selects managers for IPO

Australia-based consumer finance group Latitude Financial Services Ltd. has selected three firms to manage its A$2 billion IPO, The Australian Financial Review's Street Talk blog reported Dec. 18.

Goldman Sachs Group Inc., UBS Group AG and Deutsche Bank AG were named managers for the listing.

Latitude Financial is expected to be valued at around A$5 billion, while the IPO could raise more than A$2 billion.

The IPO has the potential to be the biggest offering in the Australian market since Medibank Pvt. Ltd.'s public float in 2014, the AFR said.

Lazard Australia Private Equity Pty Ltd. and Insight Capital Advisors have been tapped to serve as independent advisers on the transaction, the report added.