IN THE NEWS
Colfax Corporation today announced the upsizing and pricing of its previously announced public offering. The size of the offering has been increased from 6,500,000 shares of common stock to 8,000,000 shares of common stock, at a price per share of $68.75. The underwriters will have a 30-day option to purchase up to an additional 1,200,000 shares from Colfax.
Colfax Corporation today announced that:
It has entered into a binding agreement to acquire Victor Technologies Holdings, Inc. (“Victor”) from Irving Place Capital (“IPC”) for total consideration of $947.3 million, including the assumption of debt.
BDT Capital Partners (“BDT”) has converted its preferred shares to common stock.
Earlier this year, ESAB’s Soldex business introduced the Mario Brescia Scholarship in honor of Mario Brescia Cafferata, the late Chairman of Grupo Breca, Soldex’s former parent company.
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Colfax Corporation (NYSE: CFX)