Chemicals company Avantor prices IPO at $14 a share to raise $2.9 billion
Chemicals company Avantor Inc. AVTR, +0.00% priced its initial public offering at $14 a share late Thursday, selling 207 million shares to raise $2.9 billion. The price was at the low end of the company's $14 to $15 price range, but it increased the size of the deal from an original 205 million shares. The company also offered 18 million shares of its 6.252% Series A mandatory convertible preferred stock at $50 a share.
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