Brief: Atmus Filtration Technologies Announces Launch Of Initial Public Offering

Cummins

16/05/2023 13:27

Cummins Inc  CMI.N :
    * ATMUS FILTRATION TECHNOLOGIES ANNOUNCES LAUNCH OF INITIAL
PUBLIC
OFFERING
    * ATMUS FILTRATION TECHNOLOGIES: IPO IS FOR 14.1 MILLION
SHARES OF
COMMON STOCK OF ATMUS CURRENTLY OWNED BY CUMMINS
    * ATMUS FILTRATION TECHNOLOGIES: IPO PRICE IS CURRENTLY
EXPECTED
TO BE BETWEEN $18 AND $21 PER SHARE
    * ATMUS FILTRATION TECHNOLOGIES: HAS APPLIED TO LIST ITS
COMMON
STOCK ON NEW YORK STOCK EXCHANGE (NYSE) UNDER SYMBOL "ATMU"
    * ATMUS FILTRATION TECHNOLOGIES: UPON COMPLETION OF IPO,
CUMMINS
EXPECTED TO HOLD ABOUT 83.0% OF ATMUS' OUTSTANDING SHARES

Source text for Eikon:  ID:nBw80K9qna 
Further company coverage:  CMI.N