Australian electronics retailer Jaycar has called in the investment bankers to test buyer appetite, fuelling expectations of a potential $500 million-odd deal. Street Talk understands Barrenjoey ...

Johnston is the founder of the Jaycar chain of electrical goods stores, which are still providing him with good results and a big payday despite the widely-held view that physical retail stores are ...

Both companies are understood to feature prominently on the list of suitors for the $500m Jaycar as it prepares to receive first-round offers in a bidding campaign run by investment bank Barrenjoey.

Mr Johnston, who founded Jaycar in 1981, died in hospital on Wednesday afternoon following a short battle with the disease, which is caused by inhaling asbestos fibres. Jaycar Group Michael Newsom ...