Multi Packaging Solutions (MPSX) IPO Opens Lower After Weak Pricing
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Go back to Multi Packaging Solutions (MPSX) IPO Opens Lower After Weak Pricing
October 21, 2015 7:18 PM EDT
NEW YORK--(BUSINESS WIRE)--
Multi Packaging Solutions International Limited (MPS) today announced
the pricing of its initial public offering of 16,500,000 common shares
at $13.00 per share. The shares are expected to begin trading on
Thursday, October 22, 2015 on the New York Stock Exchange under the
ticker symbol MPSX, and the offering is expected to close on October
27, 2015, subject to customary closing conditions. MPS is selling
15,500,000 shares and certain selling shareholders, primarily employees
and former employees (the Employee Selling Shareholders), are selling
approximately 1,000,000 shares in order to meet certain tax obligations
and other expenses incurred in connection with the offering. Certain
affiliates of The Carlyle... More
