Chemicals company Avantor Inc. AVTR, +0.00% priced its initial public offering at $14 a share late Thursday, selling 207 million shares to raise $2.9 billion. The price was at the low end of the company's $14 to $15 price range, but it increased the size of the deal from an original 205 million shares. The company also offered 18 million shares of its 6.252% Series A mandatory convertible preferred stock at $50 a share.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uber’s first employee is poised to make over $1 billion in the company’s massive public offering, and he’s already committed to donating at least $14 million to charityRyan Graves is a founding member of The Pool, an initiative that uses stock earnings to fund clean water nonprofit charity: water. I am sure this is the best Friday of his life themoneygame Let's see what happens today it's about 30 minutes more till it's officially on the stock market 💹 So what will he do with the other 98.6%?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Sony shares skyrocket after the company announces partnership with Microsoft, share buybackShares of Japanese conglomerate Sony surged in morning trade on Friday after the company announced the previous day a share buyback of more than $1 billion. Went up $2!
Source: CNBC - 🏆 12. / 72 Read more »