SINGAPORE: South-East Asian online realtor PropertyGuru Group, which counts buyout firms TPG Capital and KKR among its backers, is targeting an Australian IPO which could raise up to A$400mil this year, sources with knowledge of the deal told Reuters on Tuesday.
Senior officials from the Singapore-based company, which operates real estate portals in the region, will start meeting Australian investors within the next few weeks before starting their pitches to Asian and US investors, two sources said.
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