Report
Accelevation’s US IPO raises $540 million below its marketed range
Bloomberg reports that the data center infrastructure company and its backer, Olympus Partners, raised $540 million in the offering. A September 30 Bloomberg post said shares were poised to price at $18 each.
TLDR
Bloomberg reports that Accelevation Holdings Corp. and backer Olympus Partners raised $540 million in a US IPO priced below its marketed range. In a September 30 post citing people familiar with the matter, Bloomberg said the shares were poised to price at $18 each, after a handful of first-time share sales were postponed.
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