in this issue
People & Business :: Companies
Golden Gate Capital selling more US Silica shares
11:33 AM MDT | June 6, 2013 | Vincent Valk
Private equity firm Golden Gate Capital (GGC; San Francisco), the largest shareholder in US Silica, is selling 10 million shares in the commercial silica maker at $19.60/share in a secondary public offering, the company says. The share sale will take GGC’s stake in US Silica, which went public last year, down to 40.3% from 59.3%. After the sale, the firm will own about 31.4 million shares in the company. US Silica shares, which are traded on the New York Stock Exchange (NYSE), closed at $19.78 on 5 June in higher-than-normal volume. The underwriters, led by...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee