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That 20% was what was left after they sold 80% to the market, though. The article mentions the fund acquired 100% of the equity in Dick Smith from woolies so a
by chillydawg 11y ago
That 20% was what was left after they sold 80% to the market, though.
The article mentions the fund acquired 100% of the equity in Dick Smith from woolies so at float time, Woolies had nothing to do with it. I think Woolies got a pretty decent price and people buying shares at IPO need to do their homework.