(Reuters) - Blackstone, one of the world's largest private
equity investment firms, expects to sell 133.3 million common
units at $29 to $31 each for as much as $4.13 billion in
proceeds.
Blackstone also will let underwriters, led by Morgan
Stanley and Citigroup Inc. , to sell an additional 20
million shares to meet any excess demand. That would boost the
total offering to as much as $4.75 billion, making it the
largest U.S. IPO of the year and the sixth largest ever.
Read more at Reuters.com Mergers News
equity investment firms, expects to sell 133.3 million common
units at $29 to $31 each for as much as $4.13 billion in
proceeds.
Blackstone also will let underwriters, led by Morgan
Stanley and Citigroup Inc. , to sell an additional 20
million shares to meet any excess demand. That would boost the
total offering to as much as $4.75 billion, making it the
largest U.S. IPO of the year and the sixth largest ever.
Read more at Reuters.com Mergers News
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