ComfortDelGro set to infiltrate Australian stock market

This is a result of a successful two-week roadshow that introduced the company to its investors.

ComfortDelGro is currently taking steps to offer an initial public offering (IPO) for its subsidiary, ComfortDelGro Corporation Australia (CDC).

This comes after a two-week roadshow in June which aimed to introduce the company to potential investors.

The company has selected Credit Suisse Australia and UBS Australia as joint lead managers for the IPO.

CDC has a history of 16 years of operation in Australia. The group has grown through the acquisition of NSFW bus operator Bosnjak Holdings and has operations throughout Australia.

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