Dean Foods spinoff WhiteWave Foods sets terms for $300 million US IPO

By Renaissance Capital,

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WhiteWave Foods, a leading organic dairy and dairy alternatives carve-out from Dean Foods, announced terms for its IPO on Wednesday. The Dallas, TX-based company plans to raise $300 million by offering 20.0 million shares at a price range of $14 to $16. WhiteWave Foods, which was founded in 1977 and booked $2.2 billion in sales for the 12 months ended 6/30/2012, plans to list on the NYSE under the symbol WWAV. J.P. Morgan, Credit Suisse and BofA Merrill Lynch are the joint bookrunners on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines IPOs
Referenced Stocks: WWAV

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