Big Law

Clutz acts on sizzling deal

Collins Foods, Australia's largest KFC franchisee and Sizzler operator, is undertaking an initial public offering (IPO) and listing on the ASX, scheduled for 4 August.Clayton Utz advised Collins…

July 18, 2011 • By Lawyers Weekly

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Collins Foods, Australia's largest KFC franchisee and Sizzler operator, is undertaking an initial public offering (IPO) and listing on the ASX, scheduled for 4 August.

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Clayton Utz advised Collins Foods, with partners Philip Kapp and David Stammers from the firm's private equity practice leading the action alongside national equity capital markets practice head Stuart Byrne. Freehills acted for the joint lead managers.

The action is said to be the largest IPO of the year to date (Collins Foods will list with a market capitalisation of $235 million).

Clayton Utz has been legal advisers to Collins Foods since its acquisition by Pacific Equity Partners (PEP) in 2005.

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