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Bain Capital pulls plug on Retail Zoo IPO in Australia

Published 23/10/2019, 11:24 am
© Reuters.  Bain Capital pulls plug on Retail Zoo IPO in Australia

Oct 23 (Reuters) - Bain Capital will not launch a management roadshow for the potential listing of Boost Juice owner Retail Zoo due to market volatility, a Bain Capital spokesman told Reuters on Wednesday.

This is the latest in a series of recent listings that have been nipped in the bud, including one hailed as the country's biggest of the year - private equity giant KKR & Co KKR.N and partners cancelling the float of lender Latitude Financial last week. float for MPC Kinetic, a coal seam gas services firm, also fell through after buyers could not be found at desired prices. conditions will be monitored going forward," the Bain Capital spokesman added.

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