WhiteWave prices upsized IPO at $17, above the range

By Renaissance Capital,

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WhiteWave Foods, a carve-out of Dean Foods which will own a portfolio of leading organic dairy and dairy alternative brands, raised $391 million by offering 23 million shares at $17, above the range of $14 to $16. The company had originally planned to offer 20 million shares. WhiteWave Foods will list on the NYSE under the symbol WWAV. J.P. Morgan, Credit Suisse and BofA Merrill Lynch acted as lead managers 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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