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Australia’s Firmus to launch A$7 billion IPO on Oct 6

Firmus will launch its IPO on October 6, according to a Reuters-reviewed term sheet, seeking to raise A$7 billion ($5 billion).

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Australian data centre operator Firmus is set to launch its initial public offering on October 6, according to a term sheet reviewed, in a deal that aims to raise A$7 billion ($5 billion). The offering would be the second-largest IPO in Australia's history.