Titan America valued at nearly $3 billion as shares rise 1.25% in NYSE debut
By Pritam Biswas and Atharva Singh (Reuters) -Shares of Titan America rose 1.25% in their debut on the New York Stock Exchange, giving the Belgium-based cement producer a market capitalization of $2.99 billion.
Titan America: Initial public offering price set at 16 dollars per share
Titan America expects to receive net proceeds of approximately 136,800,000 dollars, after deducting underwriting discounts and commissions
Cement producer Titan America raises $384mln in US IPO
Titan America has raised $384 million after pricing its U.S. initial public offering at $16 per share, within its targeted range, the cement producer said on Thursday. Sentiment in the U.S. IPO market has improved on expectations of lower corporate taxes and a more business-friendly regulatory environment under the Donald Trump administration.
Cement producer Titan America targets up to $3.3 billion valuation in US IPO
European companies are increasingly looking to list their U.S. units in New York in search of deeper capital markets, a wider investor base, and higher valuations. Titan Cement International, parent of Titan America,
Titan America Announces Launch of Initial Public Offering
Titan America SA ("Titan America"), a subsidiary of Titan Cement International SA and parent company of its U.S. operations, today launched a roadshow for its initial public offering ("IPO") of 24,000,
Titan America Initial Public Offering Priced Toward Low End of Views
Titan America's initial public offering was priced toward the low end of expectations, giving the U.S. arm of Belgian cement producer Titan Cement International an initial market value of about $2.95 billion.
Titan America valued at nearly $3 bln as shares rise 1.25% in NYSE debut
Shares of Titan America rose 1.25% in their debut on the New York Stock Exchange, giving the Belgium-based cement producer a market capitalization of $2.99 billion.
Titan America's IPO priced low, initial market value set at $2.95 billion
Titan America, the U.S. subsidiary of Belgian cement producer Titan Cement International, has set its initial public offering (IPO) price at $16 per share, leaning toward the lower end of the anticipated range of $15 to $18.
Cement Maker Titan’s IPO for US Unit Raises $384 Million
Titan America SA and its owner Titan Cement International SA raised $384 million in an initial public offering, pricing its shares within a marketed range.
Titan America prices IPO at $16 per share
Titan America (TTAM), a subsidiary of Titan Cement International and parent company of its U.S. operations, priced its IPO of 24M shares at a price to the public of $16.00 per share. The IPO consists of 9M new common shares to be issued and sold by Titan America and 15M existing shares to be sold by Titan Cement International SA.
Profitable cement company Titan America touts Florida, Mid-Atlantic reach in IPO
We believe that we are in a strong position to drive meaningful growth and enhanced profitability into the future,” the ...
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Titan America Announces Pricing of Initial Public Offering
Titan America SA (“Titan America”), a subsidiary of Titan Cement International SA and parent company of its U.S. operations, ...
Cement producer Titan America raises $384 million in US IPO
Titan America has raised $384 million after pricing its U.S. initial public offering at $16 per share, within its targeted range, the cement producer said on Thursday.
Titan America SA Plans $396 Million IPO for February 7th (TTAM)
Titan America SA (TTAM) expects to raise $396 million in an initial public offering (IPO) on Friday, February 7th, IPO Scoop ...
Titan America Sa To Start Trading Tomorrow
Titan America SA TTAM IPO will take place February, 07 on the NYSE exchange under the ticker TTAM. The company is offering shares at an expected price between $15.00 and $18.00 per share with an ...