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SUM News

One word: plastics. Milacron files for an IPO that could raise $350 million

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Milacron Holdings, the largest manufacturer of plastic processing equipment in the US, filed on Friday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that we estimate could raise...read more

US IPO Weekly Recap: Summit Materials lays the foundation for PE-backed IPOs

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Blackstone's Summit Materials gained 17%, paving the way for more PE-backed IPOs in 2015. IPO highlights during the week of March 9, 2015: • Constructive pricing leads to successful IPO of construction materials company • Filing...read more

Summit Materials prices IPO at $18 midpoint

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Summit Materials, a Blackstone-backed provider of aggregates, concrete and asphalt paving services, raised $400 million by offering 22.2 million shares (all primary) at $18, the midpoint of the range of $17 to $19. Summit Materials plans to list on the NYSE...read more

Week ahead: 1 IPO during the week of March 9 with Blackstone's first deal of the year

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The third tech IPO of 2015 crumbled last week, and now all eyes are on construction supply company Summit Materials, the week's...read more