US: Allison IPO priced at US$22-24 per share

Allison Transmission Holdings has confirmed it plans to offer 21.7 million shares for US$22 to US$24 each, an IPO that could raise up to US$522m for private-equity firms Carlyle Group and Onex Corp and reduce their stakes to 44% each. As with the recent Delphi IPO, the company itself will receive no proceeds Subscribe to Automotive World … Continued

• By Webmaster
• March 14, 2012