Latitude Financial Planning Largest Australian IPO in Five Years -Reuters

Date : 09/20/2019 @ 1:37PM
Source : Dow Jones News
Stock : Deutsche Bank AG (DBK)
Quote : 6.65  -0.309 (-4.44%) @ 4:34PM

Latitude Financial Planning Largest Australian IPO in Five Years -Reuters

Deutsche Bank (XE:DBK)
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--Australia's Latitude Financial is planning to list its shares in an IPO that would value the non-bank lender at about 3.7 billion Australian dollars ($2.51 billion), Reuters reports, citing two sources familiar with the matter.

--Latitude, which is partly owned by Deutsche Bank AG (DBK.XE) and U.S. private-equity firm KKR & Co. (KKR), is planning to lodge regulatory documentation on Sept. 26 for what would be the largest share float in Australia for five years, Reuters reports.

 

Full story: https://reut.rs/2lXNl5x

 

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(END) Dow Jones Newswires

September 20, 2019 09:22 ET (13:22 GMT)

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