RDX: A family business generating returns for the public
The largest IPO on the ASX in 2023 was a family business founded by a migrant back in 1965. Redox (ASX:RDX) listed in July 2023 with a market capitalization of $1.3 billion. The market capitalization has now grown to $1.8 billion. During the IPO they raised $402 million. The business is dominated by the Coneliano family who hold about 50% of the shares on issue. The CEO is Raimond Coneliano who is the grandson of the founder, Roland, who passed away in 2017. Richard Coneliano is the Chief Operating Officer and largest shareholder... Читать дальше...

 
		