The Good Guys take serious aim at ASX listing

Appoints Credit Suisse, Goldman Sachs and UBS

Electronics chain The Good Guys is taking another leap towards listing on the Australian Stock Exchange, after appointing Credit Suisse, Goldman Sachs and UBS as joint lead managers to support its Initial Public Offering bid.

To help facilitate the move to the ASX, Helfen Corporate Advisory has also been brought on board as an independent financial adviser.

In a statement, the retailer said it would consider any alternate ownership proposals that emerge with JB HI-FI recently revealing that it was looking into acquiring the retail chain, stating the discussions were “preliminary and exploratory.”

The Good Guys states annual sales of around $2 billion, with leading market positions in multiple categories including white goods, cooking, small kitchen appliances and home entertainment.

Furthermore, it has 100 large-format stores across metropolitan and regional Australia, supported by an advanced e-commerce platform and is currently transitioning to 100 per cent ownership of the store network, which is on track to be completed at the end of this financial year.

As reported by Fairfax Media, The Good Guys plan to IPO for $800 million.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags UBSASXJB HiFiThe Good Guysgoldman sachsCredit Suisse

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.
Julia Talevski
Show Comments

Cool Tech

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Breitling Superocean Heritage Chronographe 44

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?