Tower International, a Cerberus-backed provider of structural components and assemblies for auto OEMs, will see its quiet period end on Tuesday, November 23. On October 14, the company raised $81 million by offering 6.25 million shares at $13, below the range...read more
The US IPO market continued to see healthy levels of activity this week with four companies completing their offerings and another five specifying terms for their upcoming deals. Fast fashion retailer Body Central (BODY) raised $65 million in its IPO by...read more
Tower International, a Cerberus-backed provider of structural components and assemblies for auto OEMs, raised $81 million on Thursday by offering 6.25 million shares at $13, -19% below the midpoint of the $15 to $17 proposed range. Tower International plans to...read more
Tower International, which provides structural metal components, assemblies and solar panels for auto equipment manufacturers, announced terms for its IPO on Monday. The Livonia, MI-based company plans to raise $100 million by offering 6.25 million shares at a...read more
Tower International quiet period ends November 23
Tower International, a Cerberus-backed provider of structural components and assemblies for auto OEMs, will see its quiet period end on Tuesday, November 23. On October 14, the company raised $81 million by offering 6.25 million shares at $13, below the range...read more
US IPO market continues at healthy pace this week with four completed deals
The US IPO market continued to see healthy levels of activity this week with four companies completing their offerings and another five specifying terms for their upcoming deals. Fast fashion retailer Body Central (BODY) raised $65 million in its IPO by...read more
Tower International prices IPO at $13, below the range
Tower International, a Cerberus-backed provider of structural components and assemblies for auto OEMs, raised $81 million on Thursday by offering 6.25 million shares at $13, -19% below the midpoint of the $15 to $17 proposed range. Tower International plans to...read more
Tower International reveals IPO terms
Tower International, which provides structural metal components, assemblies and solar panels for auto equipment manufacturers, announced terms for its IPO on Monday. The Livonia, MI-based company plans to raise $100 million by offering 6.25 million shares at a...read more