Listed materials business Calix raising $60m

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Listed materials business Calix raising $60m
Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Materials technology business Calix was expected to launch an equity raising on Thursday morning.

It had hired UBS and Canaccord Genuity as joint lead managers.

Calix had an $827 million market capitalisation at last close. It offers solutions in water treatment, crop protection, marine coatings, cathode and anode materials for batteries, and mineral and chemical processing.co-edits Street Talk, specialising in private equity, investment banking, M&A and equity capital markets. He has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.

 

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