3 Firms To Lead IPOs Totaling $518M As Deals Begin To Slow
Law360, New York (October 14, 2016, 7:23 PM EDT) -- Three firms will steer a small slate of initial public offerings totaling about $518 million the week of Oct. 17, led by a private equity-owned pipe manufacturer and two venture-backed health care companies, possibly marking the beginning of a slowdown as the U.S. presidential election nears.
Forterra Inc., a relatively new company advised by Gibson Dunn, leads issuers with plans to raise about $368 million by issuing 18.4 million shares priced between $19 and $21 each. Forterra, whose pipe products support water transmission, distribution and drainage, is backed by private equity firm Lone Star Funds, which last year bought the building...
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