Firmus is seeking $5bn in its Australian float after doubling its valuation to $10.5bn

Firmus is seeking up to $5bn in its listing on the Australian Securities Exchange, according to Bloomberg, which would make it one of the largest floats the exchange has handled. The figure the company was working with in April was $2bn, at a valuation of $5.5bn. By August the valuation had passed $10.5bn.