In today’s briefing:
- Ventia Services Group Placement – Well Flagged and All past Deals Have Done Well
Ventia Services Group Placement – Well Flagged and All past Deals Have Done Well
- Ventia Services Group Pty (VNT AU) (VSG)’s two largest shareholders, Apollo Global Management and CIMIC Group, aim to raise around US$214m via selling 14% of the company.
- The two largest shareholders together owned nearly 30% of the company and have pared their stake twice this year.
- In this note, we will talk about the deal dynamics.