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Bakers help Beacon see the listing light
Baker & McKenzie is acting for Beacon Lighting as it prepares to list on the ASX.
Digital
Deal: Beacon Lighting IPO
Value: $142 million
Area: Capital Markets
Key Players: Melbourne-based partner Richard Lustig (pictured) is leading the Bakers team. Senior associates Eliza McDonald and Rick Troiano also assisted, with support from Sydney-based partner Frank Castiglia
Deal Significance: Beacon Lighting is scheduled to list on the ASX in April. The national company is hoping to raise just shy of $142 million with the IPO. “As predicted late last year, Australia’s IPO market is off to a nice start in 2014,” said Lustig. “We’ve seen a number of IPOs come through in this first quarter and we should see a few more in the next. I’m delighted to have advised Beacon Lighting, an iconic Australian brand, on its growth strategy.”
