Gates Industrial Corporation plc (GTES) Tops Q2 EPS by 5c

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Gates Industrial Corporation plc (GTES) Announces 25M Share Offering

August 10, 2021 4:06 PM EDT

Gates Industrial Corporation plc (NYSE: GTES) announced today that certain selling stockholders affiliated with The Blackstone Group Inc. have commenced a secondary offering of 25,000,000 of Gates' ordinary shares. In connection with the offering, the selling stockholders intend to grant to the underwriters a 30-day option to purchase up to 3,750,000 additional ordinary... More