Business
Ratesetter UK’s sale has funds questioning local IPO valuation – The Australian Financial Review
The discounted sale this week of ASX aspirant RateSetter’s UK-based brother has got fund managers questioning what it could mean for its local IPO.
The discounted sale this week of ASX aspirant RateSetter’s United Kingdom-based brother has got fund managers questioning what it could mean for the local outfit’s IPO valuation.
RateSetter Australia chief executive Daniel Foggo. AWJ
RateSetter UK was sold to listed UK bank Metro Bank this week for an upfront consideration of £2.5 million ($2.8 million) and a total purchase price of up to £12 million if various criteria are met.
That was a big discount to predictions RateSetter UK would be sn…
-
Business18 hours ago2 Low Cost Active ASX ETFs to consider
-
Noosa News18 hours agoYoung voices shape Sunshine Coast’s future
-
General22 hours agoUS stocks sink further as Donald Trump urges Americans to be ‘courageous and patient’
-
General22 hours agoDonald Trump threatens China with additional 50 per cent tariff as trade war threatens to escalate