Business
ASIC turns blowtorch on who controlled Nuix IPO – The Australian Financial Review
Macquarie claims its 76 per cent subsidiary was independent. ASIC has issued Section 19 notices that will test this.
The Nuix prospectus included broad disclaimers which ASIC may struggle to challenge documents obtained by The Sydney Morning Herald under FOI show that ASIC dismissed concerns raised about the prospectus days before the IPO.
Macquarie maintains that despite…
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