other material
confidence high
sentiment neutral
materiality 0.55
Core & Main announces secondary offering of 5M shares by CD&R funds at $22.151/share
Core & Main, Inc.
- Selling stockholders (affiliates of Clayton, Dubilier & Rice) to sell 5,000,000 shares of Class A common stock.
- Offering price of $22.151 per share; company receives no proceeds from the sale.
- Underwriting agreement entered into with J.P. Morgan Securities LLC as underwriter.