2023-08-01 17:22:35 ET
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Celestica ( NYSE: CLS ) said Tuesday that its controlling shareholder Onex ( TSX: ONEX:CA ) intends to offer for sale 6,757,198 of Celestica’s subordinate voting shares (SVS).
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SVS will be issued upon conversion of a corresponding number of Celestica’s multiple voting shares into SVS.
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Celestica is not selling any shares and will not receive any proceeds from the proposed offering.
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BofA Securities will act as the underwriter for the proposed offering.
For further details see:
Celestica says Onex to sell subordinate voting shares in secondary offering