Original article by Simon Evans
The Australian Financial Review – Page: 13 & 20 : 26-Nov-14

Vacuum cleaner retailing chain Godfreys is preparing for an IPO, with a listing date of 10 December 2014 and an issue price per share of $A2.75. It aims to raise $A78m, down from an initial target of as high as $A103m for the company with 209 stores. A stake of 8% will be held by CEO Tom Krulis and one of 20.2% by the current owner and original co-founder in 1936, John Johnston. The latter reacquired the business for a rumoured $A100m in 2011, having sold it for $A300m in 2006 to private equity firms Pacific Equity Partners and Unitas Capital

CORPORATES
GODFREYS, PACIFIC EQUITY PARTNERS PTY LTD, UNITAS CAPITAL PARTNERS PTY LTD, NOMURA AUSTRALIA LIMITED, INVESTEC AUSTRALIA LIMITED, ASX LIMITED – ASX ASX, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, CREDIT SUISSE (AUSTRALIA) LIMITED