Amer Sports Selling up to $1 Billion in Stock
AS launched a public offering of 34,000,000 shares of its stock, plus up to an additional 5,100,000 shares for an underwriters option. Before the announcement, shares were trading at $26.33, implying gross proceeds of over $1 billion if fully subscribed, though AS’ price slipped into the $25s on the news. The company’s ... Log in to view full article.
