Edwards Group cuts price range for upcoming IPO

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Edwards Group, which makes vacuum and abatement systems for semiconductor and other industries, cut the price range for its upcoming IPO on Thursday. The company now plans to raise $119 million by offering 12.5 million ADSs at a price range of $9 to $10. Edwards Group was previously seeking to raise $150 million by offering 12.5 million ADSs at a price range of $11 to $13. Barclays, Goldman and Deutsche Bank 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 The NASDAQ OMX Group, Inc.



This article appears in: Investing , IPOs

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