[...] the number of businesses in Australia listed on the stock exchange is declining. This has been described as the worst public offering drought “since the global financial crisis”.
The battle for control of listed brokerage Selfwealth (ASX: SWF) has expanded into three-way affair after the owner of the Syfe wealth management platform indicated it was willing to pay $65 million for a full takeover.
The number of companies on our stock exchanges is declining, as big, privately run funds take over established companies and increasingly provide capital for new startups.
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