Automotive supplier Stabilus offers shares in 19-25 euro range-Reuters

(Reuters) – German automotive and industrial supplier Stabilus is planning to sell shares worth up to 292 million euros ($401 million) in its market debut on May 23, offering its shares in a price range of 19 to 25 euros.

The maker of gas springs and hydraulic dampers said in the IPO prospectus published on Friday that it plans to sell new shares from a capital increase worth 65 million euros, while shares worth 227 million euros will be offered by private equity owner Triton.

The offer period will run from May 12 to May 22.

Related Posts

Leave a Reply

PEHUB Community

Join the 12503 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

PE HUB News Briefs

RSS Feed Widget

Marketplace

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget