Australia's equipment contractor Onsite Rental to cancel planned $172m IPO

Australia's equipment contractor Onsite Rental to cancel planned $172m IPO

FILE PHOTO: A visitor takes a photograph of a board displaying stock prices at the Australian Securities Exchange (ASX) in Sydney, Australia March 6, 2017. REUTERS/Steven Saphore

Australian industrial equipment contractor Onsite Rental on Monday decided to cancel its planned initial public offering (IPO), two sources familiar with the situation said, becoming the country’s 6th aborted listing this month.

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