Nortek Pulls IPO

NTK Holdings Inc. (Nortek), a Providence, R.I.-based maker of ventilation, air conditioning and heating products, has withdrawn registration for a $690 million IPO. No explanation was provided. It had planned to trade on the NYSE, with Goldman Sachs and Credit Suisse serving as co-lead underwriters.

Thomas H. Lee Partners had acquired the company from Kelso & Co. in 2004, and currently holds a 66.48% stake. www.nortek-inc.com