Canberra woos retail investors for Medibank float

By Maggie Lu Yueyang

The Australian government has opened the pre-registration process for the initial public offering of Medibank Private, estimated to be around $4 billion, to encourage retail investor participation. “Australian residents who pre-register to receive a prospectus and then apply for shares can receive a preferential allocation of shares,” said Finance Minister Mathias Cormann in an emailed statement today.

Read more here: Business Spectator


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