CAPITAL MARKETS

Aston appoints managers for IPO

ASTON Resources has appointed Goldman Sachs JB Were and Macquarie Capital as joint lead managers of a float of the coal company, whose main asset is the Maules Creek semi-soft coking and thermal coal mine in the NSW Gunnedah Basin.

Lau Caruana
Aston appoints managers for IPO

The IPO, which is expected to raise $A500-700 million, is expected to value the company –owned by thoroughbred owner and coal investor Nathan Tinkler – at more than $2 billion when it is floated in June....

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