Avantor (AVTR) Announces $750M Stock Offering

Go back to Avantor (AVTR) Announces $750M Stock Offering

Avantor (AVTR) Prices 20.83M Share Offering at $42/sh

September 14, 2021 5:59 AM EDT

Avantor, Inc. (NYSE: AVTR) today announced the pricing of the previously announced underwritten offering by the Company of 20,833,334 shares of its common stock pursuant to a registration statement filed by the Company with the U.S. Securities and Exchange Commission (the "SEC"), at the public offering price of $42.00 per share.

The Company has granted the underwriters a 30-day option to purchase up to an additional 2,976,190 shares of common stock on the same terms and conditions. The offering is expected to close on September 16, 2021, subject to customary closing... More

Avantor Inc. (AVTR) PT Raised to $46 at Stifel

September 10, 2021 9:34 AM EDT

Stifel analyst Daniel Arias raised the price target on Avantor Inc. (NYSE: AVTR) to $46.00 (from $43.00) while maintaining a Buy rating following the company's Investor Day.

The analyst commented, "AVTR held their first analyst day presentation since the 2019 event that preceded the... More

Avantor Inc. (AVTR) PT Raised to $50 at UBS

September 10, 2021 9:25 AM EDT

UBS analyst Joshua Spector raised the price target on Avantor Inc. (NYSE: AVTR) to $50.00 (from $42.00) while maintaining a Buy rating.... More

Avantor (AVTR) option implied volatility into hosting a virtual investor day

September 9, 2021 4:22 AM EDT

Avantor (NYSE: AVTR) September call option implied volatility is at 33, October is at 30; compared to its 52-week range of 27 to 58 into hosting a virtual investor day today.

... More