New York, 09 February 2021 – Ogier has advised Atotech Limited on its $498 million initial public offering (IPO) on the New York Stock Exchange.
To celebrate its IPO, Atotech CEO Geoff Wild was invited to virtually ring the Opening Bell of the exchange, which values the company at $3.7 billion.
The shares began trading on 4 February 2021 and the offering closed on 8 February 2021. The private equity firm Carlyle retains a significant stake in the business, which is a leader in specialty chemical technology and advanced electroplating solutions.
Working closely alongside Latham & Watkins LLP in Washington DC and New York, the Ogier team – led by partner Raulin Amy and assisted by managing associate Alexander Curry and associate Marcela Tudose – advised on the Jersey corporate and regulatory aspects of the deal.
Corporate administration services were provided by Ogier Global whose team, led by Donna Laverty and assisted by Valentina Zammataro and Ross Middleditch, provided input on the pre-IPO restructuring and on the IPO itself.
Raulin said: “Following the listing of Clarivate in New York, not too long ago, it is great to see a further US listing using a Jersey company. This transaction involved a complex reorganisation pre IPO and it was invaluable having the support of our corporate administration team to provide a seamless service to our client.
Source: www.ogier.com
——
Disclaimer: The content of the above information is sourced (or provided), in entirety or in parts from an external source and the content may or may not be edited. The Wealth Today shall not be held liable for damages arising out of any action taken with respect to the use or consumption of information or service published above or anywhere else on the website. This website does not guarantee the accuracy, views, opinions or any promises expressed in the above news.
If you find any errors or discrepancies in the above information, you can write to us at editor@thewealth.today.
——
