Nuix seeks to raise $705m in year’s biggest Australian IPO

Nuix seeks to raise $705m in year’s biggest Australian 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 security software firm Nuix Pty. is seeking to raise A$975.3 million ($705.2 million) after setting the price for the country’s biggest initial public offering of the year.