Equity desks bored with just chit-chatting with companies about their future plans instead of doing deals, have something to get excited about next week.
Equity desks bored chit-chatting with clients and colleagues about holiday plans or footy scores instead of deals have something a bit more meaty to chew on in the coming week.
Bankers have been all over each of the three investors for months. The one they’re watching is David Teoh’s 14.2 per cent slice of TPG, with Vodafone and Hutchison seen less likely to be selling . Hedge funds don’t seem too excited about the prospect of a TPG selldown just yet, which means the banks mustn’t be stirring up too much activity.
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