Business
MyDeal seeks $258.8m value for float; Morgans, RBC launch IPO – The Australian Financial Review
E-commerce group MyDeal.com.au is in front of investors with an initial public offering valuing the business 2.1-times its forecast gross transaction value.

E-commerce group MyDeal.com.au is in front of investors with an initial public offering valuing the business 2.1-times its forecast gross transaction value.
MyDeal CEO Sean Senvirtne will start his pitch to investors for an IPO next week. Pat Scala
Stockbrokers Morgans and RBC Capital Markets blasted terms to fund managers on Thursday morning.
The terms said MyDeal, an online retail marketplace selling household goods, would seek to raise $40 million at $1 a share for a $258.8 million indica…
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