financetom
Business
financetom
/
Business
/
StandardAero Discloses Pricing of 30 Million Shares in Secondary Offering
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
StandardAero Discloses Pricing of 30 Million Shares in Secondary Offering
May 26, 2025 12:15 PM

04:15 AM EDT, 05/22/2025 (MT Newswires) -- StandardAero ( SARO ) reported late Wednesday that a secondary offering of 30 million shares was priced at $28 apiece.

The selling stockholders granted underwriters a 30-day option to purchase up to 4.5 million additional shares.

The Carlyle Group ( CG ) and GIC affiliates will receive all of the net proceeds from this secondary offering, which is expected to close on May 23, the company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
India in talks with US to buy combat vehicles, seal fighter jet engine deal, sources say
India in talks with US to buy combat vehicles, seal fighter jet engine deal, sources say
Feb 9, 2025
NEW DELHI, Feb 10 (Reuters) - India is in talks with the United States for the purchase and co-production of combat vehicles as well as finalising a fighter jet engine deal, people familiar with the matter said, as Prime Minister Narendra Modi meets President Donald Trump this week. The world's biggest arms importer, India traditionally relies mainly on Russia. Last...
Paris AI summit draws world leaders and CEOs eager for technology wave
Paris AI summit draws world leaders and CEOs eager for technology wave
Feb 9, 2025
PARIS (Reuters) - World leaders and technology executives are convening in Paris on Monday to discuss how to safely embrace artificial intelligence at a time of mounting resistance to heavy-handed red tape that businesses say stifles innovation. Eagerness to rein in AI has waned since previous AI summits in Britain and South Korea that focused world powers' attention on technology's...
Dollar rises on Trump tariff threats, euro stays near 2-year low
Dollar rises on Trump tariff threats, euro stays near 2-year low
Feb 9, 2025
SINGAPORE (Reuters) -The dollar firmed on Monday as fresh threats of tariffs from U.S. President Donald Trump dented risk sentiment, casting a shadow over commodities markets and putting pressure on the euro and the Australian and Canadian dollars. Trump said he will announce new 25% tariffs on all steel and aluminium imports into the U.S. later on Monday, as well...
Paris AI summit draws world leaders and CEOs eager for technology wave
Paris AI summit draws world leaders and CEOs eager for technology wave
Feb 9, 2025
* France hosts February 10-11 summit * Tech companies say regulation can stifle innovation * Trump has torn up recent AI policy * Calls for more leniency in Europe By Jeffrey Dastin PARIS, Feb 10 (Reuters) - World leaders and technology executives are convening in Paris on Monday to discuss how to safely embrace artificial intelligence at a time of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved