Myer IPO – Prospectus

Department store Myer has released a prospectus and is preparing to float the company on the Australian Securities Exchange before the end of the year.

The Myer float is set to be the biggest IPO in the last 18 months and the first since the global financial crisis began. 

According to the Myer Prospectus, the Myer IPO is set to offer 499.5 million Myer shares to the Australian public at a share price between $3.90 and $4.90.

Related Myer share offer articles:

29 Sep 2009 The great sell: How Bernie Brooks prepared Myer for an IPO
Myer released its prospectus yesterday, parading the Myer IPO as the biggest market listing since 2006 and the first after the global financial crisis began.

28 Sep 2009 Myer prospectus revealed, IPO to value company at $3 billion
Department store Myer will offer shares at between $3.90 and $4.90 as part of a Myer IPO that will see the company begin trading on 2 November with an enterprise value that could be as high as $3.16 billion.

11 Sep 2009 Myer confirms it will launch $3 billion float at the end of September
Department store giant Myer has confirmed that it will float on the Australian Securities Exchange before the end of the year in what is likely to be the biggest float in the last 18 months.

 

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