ComfortDelgro Australia Pre-IPO

ComfortDelgro Australia (CDA) is looking to raise up to US$500m in its upcoming Australia IPO. ComfortDelgro Australia (CDA) is a public transport company providing services to metro and rural communities across New South Wales, Victoria, the Northern Territory, Queensland, the Australian Capital Territory and Western Australia. It has grown its business via acquisitions but operating margins have been trending lower over the past few years. CDA is now a major public transport company in Aust...