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StandardAero Shareholders to Sell 30 Million Shares in Secondary Offering
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StandardAero Shareholders to Sell 30 Million Shares in Secondary Offering
Mar 24, 2025 4:50 AM

07:36 AM EDT, 03/24/2025 (MT Newswires) -- StandardAero ( SARO ) said Monday that its stockholders Carlyle Group ( CG ) affiliates and GIC Private intend to sell a total of 30 million shares in an underwritten secondary offering.

The selling shareholders expect to grant the underwriters a 30-day option to buy up to 4.5 million additional shares, according to StandardAero ( SARO ). All of the net proceeds from the offering will go to the selling stockholders, the company said.

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