Gypsum industry news
Continental Building Products announces pricing of secondary public offering at US$14.75/share
20 November 2014US: Continental Building Products (CBP) has announced that its secondary public offering of 7,000,000 shares of common stock, which was announced earlier this week, will be priced at US$14.75/share. All of the shares are being sold by its largest stockholder, an affiliate of Lone Star Funds. The underwriters have a 30-day option to purchase up to an additional 1,050,000 shares of common stock from the selling stockholder. The offering is expected to close on 25 November 2014.
US: Continental Building Products (CBP) has announced the launch of a secondary public offering of 7,000,000 shares of common stock to be offered by the company's largest stockholder, an affiliate of Lone Star Funds. The underwriters will have a 30-day option from the date of the offering to purchase up to an additional 1,050,000 shares of common stock from the selling stockholder. CBP will not receive any proceeds from the sale of the shares.
