Pacific Equity Partners is considering an initial public offering of credit reporting business Veda by the end of the calendar year, the Financial Review reported in its
Street Talk column.
The newspaper reported that the float's structure is still being worked out, and that PEP may opt for a small compliance listing for Veda.
The newspaper put Veda's EBITDA at A$110 million.
Formerly known as Baycorp Advantage, Veda was listed in New Zealand from 1986 and in Australia from 2001 following the merger with the credit reporting business of the Credit Reference Association of Australia.
PEP and Merrill Lynch bought the company in 2007.