ôIt became very clear early in the peace that the deal was going to be oversubscribed by multiples,ö says a source close to the offering. ôInvestors were hoovering up the shares at such a rate. There is going to be a lot of friction over who gets shares and who doesnÆt.ö
At the time of writing yesterday, the allocation to investors was still being determined, though Transfield had previously indicated that existing shareholders in the parent company would be given priority. Transfield...
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