The battle for the title of Australia's largest IPO in 2020 is on, as packaging company Visy Industries and media conglomerate Nine Entertainment Co. plan huge year-end IPO listings. Visy Industries was established in Melbourne in 1948 and has since grown to become one of the world's largest privately owned paper, packaging and recycling companies.
Today, Visy employs more than 9500 people in Australia and the United States and is looking to go public so as to raise capital to help rid the world of the global plastics pandemic which is destroying oceanic and marine life.
Predicted upside - 75%
EXPECTED IPO DATE