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Pinnacle Foods prices IPO at $20, at high end of the range

PF

Pinnacle Foods, which is a leading packaged and frozen foods company backed by Blackstone, raised $580 million by offering 29.0 million shares at $20, at the high end of the $18 to $20 range. The company intends to offer an initial quarterly dividend of $0.18...read more

One US IPO planned for the week of Mar 25

There is one IPO expected to price this week: Pinnacle Foods (PF), a leading packaged and frozen foods company backed by Blackstone, plans to raise $551 million by...read more

US IPO Weekly Recap: Calendar quickly builds, Silver Spring jumps in debut

After several companies set terms last week, the US IPO Calendar is packed for the week of March 18. Nine deals are scheduled to price, which would mark the...read more

Blackstone-backed Pinnacle Foods sets terms for $551 million IPO

PF

Pinnacle Foods, which is a leading packaged foods company backed by Blackstone, announced terms for its IPO on Friday. The Parsippany, NJ-based company plans to raise $551 million by offering 29 million shares at a price range of $18 to $20. At the midpoint of...read more