Woolworths’ Endeavour Group spin-off is shaping up to be the largest capital markets transaction of the year. But could it turn into Australia’s biggest ever private equity buyout?
Tonight, we’ve got the scoop on which PE firms have been running the ruler over Endeavour – which is expected to be worth about $13 billion – and are working up fully formed offers. Woolworths’ bankers Jarden Australia and Citi are calling for bids imminently.