McGrath Estate Agents is aiming to raise $100 million ahead of a listing on the stock exchange later this year, according to sources.
When it lists, the real estate chain, led by John McGrath, is expected to have a market capitalisation of close to $200m.
Bell Potter and JPMorgan are reportedly poised to secure the advisory roles to the mooted float, following a beauty parade for the positions earlier this month.
Luminis Partners is the company’s strategic adviser.
This article first appeared in The Australian Business Review
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McGrath Estate Agents is aiming to raise $100m ahead of a listing on the ASX later this year, according to sources.
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