Colfax Corporation Announces Pricing of Initial Public Offering
08 May 2008 - 8:12AM
PR Newswire (US)
RICHMOND, Va., May 7 /PRNewswire-FirstCall/ -- Colfax Corporation
(NYSE: CFX) today announced the pricing of the initial public
offering of its common stock at $18.00 per share. Of the 18,750,000
shares being sold in the offering, 9,039,732 shares are being sold
by the company and 9,710,268 shares are being sold by selling
stockholders. The company has also granted the underwriters a
30-day option to purchase up to an additional 2,812,500 shares at
the initial public offering price to cover over-allotments, if any.
The company's common stock will be listed on the NYSE under the
symbol "CFX." Merrill Lynch & Co., Lehman Brothers and UBS
Investment Bank are acting as joint book-running managers. The
public offering is being made by means of a prospectus. A copy of
the final prospectus relating to the offering may be obtained from:
Merrill Lynch, Pierce, Fenner & Smith Incorporated, Attention:
Prospectus Department, 4 World Financial Center, 5th Floor, New
York, NY 10080, telephone 212-449-1000; Lehman Brothers Inc., c/o
Broadridge Integrated Distribution Services, 1155 Long Island
Avenue, Edgewood, NY 11717, telephone 888-603-5847; or UBS
Investment Bank, Attention: Prospectus Department, 299 Park Avenue,
New York, NY 10171, telephone: 888-827-7275. This press release
shall not constitute an offer to sell nor the solicitation of an
offer to buy nor shall there be any sales of the shares in any
state in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of
such state. ABOUT COLFAX CORPORATION Colfax Corporation is a global
leader in critical fluid-handling solutions, including the
manufacture of positive displacement industrial pumps and valves
used in global oil & gas, power generation, marine, naval and a
variety of other industrial applications. Key product brands
include, Allweiler, Fairmount Automation, Houttuin, Imo, LSC,
Portland Valve, Tushaco, Warren and Zenith. Colfax is traded on the
NYSE under the ticker "CFX." Additional information about Colfax's
products, businesses and practices is available at
http://www.colfaxcorp.com/. DATASOURCE: Colfax Corporation CONTACT:
Scott Faison, Senior VP and Chief Financial Officer, or Joe
Niemann, Senior VP Marketing and Strategic Planning, , ,
+1-804-327-7378, both of Colfax Corporation; or Ed Trissel, Sharon
Stern, Joele Frank, or Wilkinson Brimmer Katcher, all for Colfax
Corporation, +1-212-355-4449 Web Site: http://www.colfaxcorp.com/
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