Colfax (CFX) IPO Trades Higher
More News related to CFX
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- KeyBanc Starts Colfax (CFX) at Hold
- UBS Initiates Coverage on Colfax (CFX) with a Neutral
The IPO for Colfax Corporation (NYSE: CFX) is trading significantly higher. After pricing 18.75 million shares at $18 per share, above the expected $15-$17 range, shares are now at $21.32 (+18.4%).
Merrill Lynch & Co., Lehman Brothers and UBS Investment Bank are acting as joint book-running managers. The public offering is being made by means of a prospectus.
Colfax Corporation is a global leader in critical fluid-handling solutions, including the manufacture of positive displacement industrial pumps and valves used in global oil & gas, power generation, marine, naval and a variety of other industrial applications.
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