subscribe to our newsletter sign up
Aus company’s major offer
Exclusive
Do lawyers have ‘agility anxiety’?:

Aus company’s major offer

Gilbert + Tobin has acted for the underwriter in a $206 million renounceable entitlement offer.

Firms: Gilbert + Tobin (Goldman Sachs – underwriter); King & Wood Mallesons (issuer on the entitlement offer); SJ Berwin (issuer on its UK acquisition)

Deal: Australian software company IRESS’s renounceable entitlement offer

Area: Equity capital markets

Value: $206 million

Key players: Gilbert + Tobin capital markets partner Peter Cook (pictured) led the transaction for the firm and was assisted by Adam D'Andreti and Alastair Corrigall

Deal significance: Gilbert + Tobin advised Goldman Sachs on its underwriting of IRESS’s $206 million two-for-nine renounceable entitlement offer, the proceeds of which will be used partly to fund IRESS’s acquisition of Avelo Financial Services in the UK.

Promoted content
Recommended by Spike Native Network