Synutra International (SYUT) Files $223M IPO
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- Synutra International (SYUT) Files $223M IPO
Synutra International (Nasdaq: SYUT) filed a registration statement with the SEC for an initial public offering of its common stock. The proposed maximum aggregate offering price is $223.64 million. The company plans to list on the NASDAQ under the stock symbol "SYUT".
The offering is being made through Goldman Sachs (Asia), Morgan Stanley and Deutsche Bank Securities.
Synutra International is a leading infant formula company in China. [BCS]
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