Gates Industrial, a global manufacturer of power transmission belts and fluid power products, raised $732 million by offering 38.5 million shares at $19, within the range of $18 to $21. Gates Industrial plans to list on the NYSE under the symbol GTES. Citi, Morgan Stanley, UBS Investment Bank, Barclays, Credit Suisse, Goldman Sachs and RBC Capital Markets acted as lead managers on the deal.
