UPDATE 2-Australian Latitude CEO says KKR group cancelled its IPO due to low price
Private equity giant KKR & Co and
its partners cancelled what was to be Australia’s biggest
listing of the year, lender Latitude Financial, because
investors would not pay a price that reflected its value, the
Latitude CEO said on Wednesday.
its partners cancelled what was to be Australia’s biggest
listing of the year, lender Latitude Financial, because
investors would not pay a price that reflected its value, the
Latitude CEO said on Wednesday.
Posted by Reuters
