Aug 31, 2026 – 5.31pmBarrenjoey Capital Markets was looking for buyers for about 3 million shares in gaming machines business Light & Wonder after Monday’s closing bell, seeking to liquidate a slice of Caledonia Investments’ shareholding in the $10 billion company.Caledonia’s Will Vicars, the fund’s co-chief investment officer, in his Sydney office. Edwina PicklesSarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Angira Bharadwaj is a co-editor of Street Talk. She covers IPOs, capital raises, mergers and acquisitions and other breaking news in Australia’s capital markets. Previously, she covered financial services, state, and federal politics. Send tips to @angirab.60 on encrypted messaging platform Signal.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Caledonia shops $372m worth of Light & Wonder shares; BJ nabs block
Caledonia, founded by Will Vicars and Mike Messara, has pressed sell at a time when its flagship fund is battling poor performance and investor redemptions.
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