Bakers help Beacon see the listing light
Baker & McKenzie is acting for Beacon Lighting as it prepares to list on the ASX.
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
Firm: Baker & McKenzie (Beacon Lighting)
Deal: Beacon Lighting IPO
Value: $142 million
Area: Capital Markets
Key Players: Melbourne-based partner Richard Lustig (pictured) is leading the Bakers team. Senior associates Eliza McDonald and Rick Troiano also assisted, with support from Sydney-based partner Frank Castiglia
Deal Significance: Beacon Lighting is scheduled to list on the ASX in April. The national company is hoping to raise just shy of $142 million with the IPO. “As predicted late last year, Australia’s IPO market is off to a nice start in 2014,” said Lustig. “We’ve seen a number of IPOs come through in this first quarter and we should see a few more in the next. I’m delighted to have advised Beacon Lighting, an iconic Australian brand, on its growth strategy.”