Affinity Loscam IPO gathers speed
Affinity Equity Partners Australian investee Loscam, a pallet supplier, has reportedly appointed Credit Suisse and Deutsche Bank as advisors for its planned ASX IPO, which could reach up to A$800 million ($720 million).
Affinity first acquired Loscam in 2005 from DB Capital Partners, paying some A$250 million ($220 million) for around 77% of the asset, in what was already a private equity secondary transaction. The original...
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