Mergers & Acquisitions Editor, Sydney Shares in the initial public offering of expanding homewares retailer Adairs are on course to price at $2.40. However, the strong appetite may drive the valuation higher, with the final pricing range set to hit $2.40 to $2.44.
Sources said investor allocations have been heavily scaled back amid intense demand for the company, which is scheduled to list on disallowed next month.
Goldman Sachs and UBS are handling the IPO.
