Fresh off nabbing Allegro Fund’s majority stake in Questas, Five V Capital is again sparking joy on the deals scene.
Street Talk understands Adrian MacKenzie and Srdjan Dangubic’s private equity shop has issued a request for proposal for its minority stake in share registry services company Automic Group – the second largest player in Australia behind Computershare.
Sources said Australia’s investment banking top tier – Barrenjoey, UBS, Macquarie, Jefferies, Goldman Sachs and Jarden – have all pitched for a role.
Read the full story tomorrow and more on the Street Talk page.
Street Talk can reveal Scape has defeated Singaporean sovereign wealth gorilla GIC in the battle for $3 billion-plus retirement living operator Aveo.
Best and worst
The Australian sharemarket closed lower on Friday, sealing a week that had the bourse record some of its most outsized moves since 2020, as a trade war between the world’s two largest economic powers gathered momentum.