According to The Australian, Nine Entertainment hopes to raise between A$800 million and A$1.2 billion when it floats on the Australian Securities Exchange by the end of the year. The listing could see Nine’s owners, hedge funds Apollo Global Management and Oaktree Capital Group, sell down as much as half their stakes a year after the approval by the federal court of a A$3.4bn recapitalisation of the company, added the report. The Australian added that the Nine float is aimed at replacing … [Read more...] about Australia’s Nine Entertainment plans for IPO