Seeking Alpha

Orion files for IPO

  • Orion Engineered Carbons, a carbon black producer, has filed for an IPO that could raise approximately $432M.
  • Almost 90% of the company is owned by by private equity firms Triton Capital and the Rhone Group through Kinove Holdings. Kinove intends to sell 18M common shares expected to be priced between $21 to $24 each.
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