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G+T helps listing get to the chequered flag

G+T helps listing get to the chequered flag

Gilbert + Tobin has acted on an IPO for an Australian car company.

 

Firms: Gilbert + Tobin (Burson Group Limited); Allen & Overy (underwriters)

 

Deal: Burson Group Limited IPO

 

Value: $298 million

 

Area: Capital Markets

 

Key Players: G+T’s team was led by Peter Cook (pictured) and Rachael Bassil. A&O Sydney-based partner Tony Sparks headed-up A&O’s team

 

Deal Significance: Burson Auto Parts is an Australian-owned car parts company. It has 116 stores in Australia, and by listing on the ASX as Burson Group Limited, it hopes to raise the necessary capital to help it achieve its goal of having a 175 stores throughout Australia within five years. “It was a pleasure to have worked with Burson, Quadrant and the underwriters, Morgan Stanley and UBS, and the other advisors on such an important transaction that sets Burson on its next phase of growth,” said Cook.

 

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

G+T helps listing get to the chequered flag
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