Monday October 12, 11:32 PM
Australia's Ascendia hires IPO advisers - source
MELBOURNE, Oct 13 (Reuters) - Private equity firm Archer Capital has hired Goldman Sachs, Bank of America/Merrill Lynch and UBS to advise on a planned flotation of its Ascendia Retail group, a source familiar with the matter told Reuters on Tuesday.
Local media has put the value of a potential initial public offer at between A$800 million ($725 million) and A$1 billion ($905 million) for the group, which includes sports-store chains Rebel Sport (Berlin: R9T.BE - news) and Amart All Sports.
(Reporting by Victoria Thieberger; editing by ark Bendeich) Keywords: ASCENDIA IPO/
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