The following IPOs are expected to price this week:
AGA Medical Holdings, which makes minimally invasive devices to treat heart defects and vascular diseases, plans to raise $275 million by offering 13,750,000 at a price range of $19.00 to $21.00. At the mid-point of the proposed range, AGA Medical Holdings will command a market value of $989.57 million. AGA Medical Holdings, which was founded in 1995, booked $180 million in sales over the last 12 months. The Plymouth, MN-based company plans to list on the NASDAQ under the symbol AGAM. BofA Merrill Lynch, Citi, and Deutsche Bank are the lead underwriters on the deal.
Dole Food Company, a leading global branded fruit and vegetable company, plans to raise $500 million by offering 35,715,000 at a price range of $13.00 to $15.00. At the mid-point of the proposed range, Dole Food Company will command a market value of $1,235.86 million. Dole Food Company, which was founded in 1851, booked $7,208 million in sales over the last 12 months. The Westlake Village, CA-based company plans to list on the NYSE under the symbol DOLE. Goldman Sachs, BofA Merrill Lynch, and Deutsche Bank are the lead underwriters on the deal.
ZST Digital Networks, a reverse-merger listing of a Chinese TV set-top box provider, plans to raise $25 million by offering 3,125,000 at a price range of $7.50 to $8.50. At the mid-point of the proposed range, ZST Digital Networks will command a market value of $91.84 million. ZST Digital Networks, which was founded in 2006, booked $71 million in sales over the last 12 months. The Zhengzhou ,China-based company plans to list on the NASDAQ under the symbol ZSTN. Rodman & Renshaw are the lead underwriters on the deal.
