Inside the Australian and New Zealand book industry

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Is REDGroup considering a stock-market float?

Speculation is growing in the financial press that PEP, the private-equity owners of REDgroup, which in turn owns Angus & Robertson, Whitcoulls in NZ and Borders Asia-Pacific, will float the business on the stock exchange before Christmas. The company lifted its earnings before interest tax and depreciation ('ebitda') to $42.2 million...

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Category: Local news