Macquarie prepares intel analytics seller Nuix for $1.5 billion IPO

SYDNEY - Australia’s Macquarie Group is preparing to list its majority-owned software provider Nuix in a deal that would value the data-analysis program seller at close to $1.5 billion, two sources with knowledge of the plans told Reuters on Friday.

The people, who asked to be anonymous because they were not allowed to speak to the media, said the company was likely to list before Christmas, but plans depended on market conditions and had not been finalised, they said. If achieved at the targeted valuation range of between A$1.5 billion and A$2 billion, the listing will be the biggest since fintech firm Tyro Payments braved negative market sentiment late last year following six initial public offering cancellations.

All news Australian ABC NEWS SBS news 7newsThis question the are pew. ♥i cry for independents freedom's. Dear your life are very important. govts Let society be free. rights are very important, and when we all have rights everything will be ok.♥

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Game on: Unity Software prices IPO at $52 to raise at least $1.3 billionUnity Software Inc. is adding a lot of fuel to its financial engine with yet another strong software initial public offering. Cool, I’ll buy at $29 Poor user reviews, going to shoot up and shoot right back down. Not a comfortable hold for me. Good luck
Source: MarketWatch - 🏆 3. / 97 Read more »