Press Release Details
Colfax Corporation Announces Pricing of Initial Public Offering
RICHMOND, Va., May 7, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Colfax Corporation (NYSE: CFX) today announced the pricing of the initial public offering of its common stock at $18.00 per share. Of the 18,750,000 shares being sold in the offering, 9,039,732 shares are being sold by the company and 9,710,268 shares are being sold by selling stockholders. The company has also granted the underwriters a 30-day option to purchase up to an additional 2,812,500 shares at the initial public offering price to cover over-allotments, if any. The company's common stock will be listed on the NYSE under the symbol "CFX."
Merrill Lynch & Co., Lehman Brothers and UBS Investment Bank are acting as joint book-running managers. The public offering is being made by means of a prospectus. A copy of the final prospectus relating to the offering may be obtained from: Merrill Lynch, Pierce, Fenner & Smith Incorporated, Attention: Prospectus Department, 4 World Financial Center, 5th Floor, New York, NY 10080, telephone 212-449-1000; Lehman Brothers Inc., c/o Broadridge Integrated Distribution Services, 1155 Long Island Avenue, Edgewood, NY 11717, telephone 888-603-5847; or UBS Investment Bank, Attention: Prospectus Department, 299 Park Avenue, New York, NY 10171, telephone: 888-827-7275.
This press release shall not constitute an offer to sell nor the solicitation of an offer to buy nor shall there be any sales of the shares in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state.
ABOUT COLFAX CORPORATION
Colfax Corporation is a global leader in critical fluid-handling solutions, including the manufacture of positive displacement industrial pumps and valves used in global oil & gas, power generation, marine, naval and a variety of other industrial applications. Key product brands include, Allweiler, Fairmount Automation, Houttuin, Imo, LSC, Portland Valve, Tushaco, Warren and Zenith. Colfax is traded on the NYSE under the ticker "CFX." Additional information about Colfax's products, businesses and practices is available at www.colfaxcorp.com.
SOURCE Colfax Corporation
http://www.colfaxcorp.com
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