Jan 6 (Reuters) - Clarios International, a car battery

maker owned by global investment firm Brookfield, on Monday

filed to withdraw its initial public offering plans in the

United States.

Milwaukee, Wisconsin-based Clarios did not immediately

respond to a Reuters request asking for more information on the

withdrawal.

Clarios filed to go public in the U.S. in 2021, but

postponed its plans indefinitely later that year due to market

volatility and macroeconomic pressures.

The company was aiming for a valuation of nearly $11

billion in the offering by raising up to $1.85 billion at the

top end of its IPO pricing range. Clarios said at the time it

would reassess market conditions.

Its withdrawal comes at a time when U.S. IPO activity

has seen an uptick, bolstered by a bullish equities market and

expectations of business-friendly policies from the incoming

Trump administration.

Brookfield bought Clarios in 2019 for $13.2 billion

including debt from Johnson Controls International, a maker of

digital solutions for buildings, in one of the biggest deals

clinched by the asset manager.

Clarios makes products that are used in more than 100

countries, with a third of cars on the road globally using its

batteries, according to its website.