Vertiv Holdings Co. (VRT) Commences 20M Share Secondary Offering

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Vertiv Holdings Co. (VRT) Prices 20M Secondary Offering by Platinum

November 2, 2021 6:45 AM EDT

Vertiv Holdings Co (Vertiv) (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the pricing of the previously announced underwritten secondary offering of 20,000,000 shares of Vertivs Class A common stock by VPE Holdings, LLC (Platinum), an affiliate of Platinum Equity, LLC, pursuant to an effective registration statement on file with the Securities and Exchange Commission (the SEC). In connection with the offering, Platinum has granted to the underwriters a 30-day option to purchase up to 3,000,000 additional shares of Vertivs Class A common stock.

The closing of the offering... More

Vertiv Holdings Co. (VRT) PT Lowered to $30 at Wolfe Research

November 1, 2021 6:43 AM EDT

Wolfe Research analyst Nigel Coe lowered the price target on Vertiv Holdings Co. (NYSE: VRT) to $30.00 (from $31.00) while maintaining a Outperform rating.... More

Vertiv Holdings Co. (VRT) PT Raised to $32 at Deutsche Bank

October 28, 2021 6:52 AM EDT

Deutsche Bank analyst Nicole DeBlase raised the price target on Vertiv Holdings Co. (NYSE: VRT) to $32.00 (from $30.00) while maintaining a Buy rating.... More