Sensata (ST) Prices 10M Offering at $29.95/Share
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Sensata Technologies Holding N.V. (NYSE: ST) today announced that certain of its existing shareholders have agreed to sell 10,000,000 ordinary shares in an underwritten public offering at a price to the public of $29.95 per share. Sensata Technologies will not receive any proceeds from this offering, other than proceeds from options exercised by certain selling shareholders in connection with the offering. The offering is expected to close on December 17, 2012.
Morgan Stanley and Barclays acted as joint book-running managers of the offering.
Morgan Stanley and Barclays acted as joint book-running managers of the offering.
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