Two WA companies to float

TWO major Western Australian-owned companies, ThinkSmart and Allphones Group, have appointed advisers ahead of planned listings on the stock market. ThinkSmart has appointed JP Morgan to advise on its options, while communications retailer Allphones has appointed Citigroup to advise on its growth options and float, which is expected to involve a substantial selldown by its two major shareholders, including Perth-based chairman Tony Mitchell.

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