Brookfield’s Clarios files confidentially for IPO: Reuters

Milwaukee, Wisconsin-based car battery maker Clarios, backed by Canada’s Brookfield Asset Management, has confidentially filed paperwork with the U.S. Securities and Exchange Commission for an IPO, Reuters reported.

Milwaukee, Wisconsin-based car battery maker Clarios, backed by Canada’s Brookfield Asset Management, has confidentially filed paperwork with the U.S. Securities and Exchange Commission for an IPO, Reuters reported. No financial terms were disclosed. The IPO could value Clarios at more than $20 billion.

Source: Reuters