PEP seeks 2H10 Hoyts IPO
Pacific Equity Partners reportedly may be seeking to list Australian cinema business Hoyts Group in the second half of 2010, with a potential value of up to A$1 billion ($900 million).
PEP has apparently asked as many as six banks to pitch to manage the IPO, with three likely to be selected. PEP originally bought Hoyts in 2007 from PBL Media and Western Australian Newspapers, with an...
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