Daily BriefsIndustrials

Daily Brief Industrials: Ventia Services Group Pty and more

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

By Sumeet Singh

  • 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.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars