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home / news releases / ESAB - ESAB launches underwritten offering of 6M shares


ESAB - ESAB launches underwritten offering of 6M shares

  • ESAB ( NYSE: ESAB ) has launched an underwritten offering of 6M shares, owned by Enovis.
  • Enovis is former parent of the industrial machinery company.
  • Enovis intends to exchange ESAB shares for indebtedness of Enovis, with the shares to be owned by Goldman Sachs & Co. or an affiliate thereof. Goldman Sachs is then expected to sell these shares to the underwriters in connection with the public offering.
  • ESAB shares were trading -2.64% pre-market.
  • Source: Press Release

For further details see:

ESAB launches underwritten offering of 6M shares
Stock Information

Company Name: ESAB Corporation
Stock Symbol: ESAB
Market: NYSE
Website: esab.com

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