WhiteWave Foods (WWAV) IPO Opens Higher
Tweet Send to a Friend
The IPO for The WhiteWave Foods Company (NYSE: WWAV) opened and is trading at $18.10 after pricing 23,000,000 shares of its Class A common stock at a price of $17.00 per share.
Following the offering, Dean Foods Company (NYSE: DF) will continue to own approximately 86.7% of the economic interest in WhiteWave’s capital stock and approximately 98.5% of the voting power, or approximately 85.0% and 98.3%, respectively, if the underwriters exercise their option to purchase additional shares in full.
J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC and BofA Merrill Lynch are acting as joint book-running managers for the offering.
WhiteWave Foods Company is a consumer packaged food and beverage company with leading brands in plant-based foods and beverages, coffee creamers and beverages and premium dairy products.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Following the offering, Dean Foods Company (NYSE: DF) will continue to own approximately 86.7% of the economic interest in WhiteWave’s capital stock and approximately 98.5% of the voting power, or approximately 85.0% and 98.3%, respectively, if the underwriters exercise their option to purchase additional shares in full.
J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC and BofA Merrill Lynch are acting as joint book-running managers for the offering.
WhiteWave Foods Company is a consumer packaged food and beverage company with leading brands in plant-based foods and beverages, coffee creamers and beverages and premium dairy products.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Dean Foods (DF) Determines Ratio for Spin-Off of WhiteWave Foods (WWAV) Holding
- Cross-Border Ops Make Kansas City Southern (KSU) Ripe for Takeover
- NanoString (NSTG) Files $86.25M IPO
Create E-mail Alert Related Categories
Hot IPOs, IPOsRelated Entities
Credit Suisse, JPMorgan, Merrill Lynch, Bank of America
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
