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Article: Carsales' stellar market debut could drive listings race.
- Article from:
- Australasian Business Intelligence
- Article date:
- September 10, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Lucy Battersby
Sep 10, 2009 (The Age - ABIX via COMTEX) -- Carsales.com had a strong sharemarket debut, with over 16 million shares changing hands on 10 September 2009. The stock was issued at $A3.50 and listed at $A3.96. Meanwhile, department store group Myer is tipped to reveal details of its IPO on 11 September. Angus Gluskie of White Funds Management says other private equity groups need to launch IPOs in coming weeks if they want to complete such deals before the end of the year.
Publication Date: 11 ...
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