Bull, Bears & Brokers: Shaw and Partner’s Davide Bosio talks about new deals and takeovers in the market

Shaw and Partners WA state manager Davide Bosio updates Proactive about new deals in the market which include Latitude Financial, a private company owned by private equity houses KKR, Varde Partners and Deutsche Bank. They’re raising $1.2 billion as part of an IPO, and the company intends to list in late October.

Bosio also talks about more changes in the banking sector following the recent Royal Commission, with Westpac believed to be looking to offload their life insurance business with an estimated price tag of around $2 billion. 

In takeovers, NZ-based retailer Kathmandu Holdings has entered into a binding agreement to acquire 100% of surfing speciality Rip Curl Group for A$350 million.

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