Proxy adviser Institutional Shareholder Services is backing CoStar’s Domain takeover, putting former CEO Pellegrino on track for a multi-million-dollar payday.
Markets
Private markets are swelling as public ones shrink — but doubts remain over the viability of secondaries exchanges in Australia.
Capital Brief revealed the small cap market darling is set for a change in leadership after a 150% rise in its share price over the past year.
While 189 companies raised $100 million rounds last year, only 37 VC-backed companies went public — fuelling a shadow market where private shares trade against company wishes.
OpenAI, Anthropic and Revolut are some of the big names listed on private market platforms in Australia. The startups say they shouldn't be there.
