Home » today » Business » Leonardo Announces Secondary Offering in the United States for Minority Stake in Leonardo DRS

Leonardo Announces Secondary Offering in the United States for Minority Stake in Leonardo DRS

Leonardo announces a secondary offering to the public in the United States, through Leonardo US Holding, of a minority stake equal to 16,500,000 ordinary shares of Leonardo DRS, approximately 6.3%. The underwriting banks will be granted a 30-day option to purchase an additional 2,475,000 Drs shares.


In DRS, Leonardo Us will retain approximately 73.9%, 72.9% if the option is exercised. Leonardo “intends to use the proceeds of the operation to increase its financial flexibility for investments and acquisitions that create value, while at the same time maintaining a solid financial structure following the operation”.

Reproduction reserved © Copyright ANSA

2023-11-15 22:01:00
#Leonardo #places #minority #stake #DRS #Ultima #ora #Ansa.it

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.