CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO_老虎社区_美港股上老虎

CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO

Reuters2021-07-14

July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States. Core & Main, which is looking to list on the...

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TitaniumHand
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Yugi
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ChingKeat
·2021-07-14
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Morgan are the lead underwriters for the offering, following which Core &amp; Main will start trading on the NYSE under the ticker symbol \"CNM\".</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 23:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the...</p>\n\n<a href=\"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191149542","content_text":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier & Rice (CD&R).\nThe private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.\nSt. Louis, Missouri-headquartered Core & Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.\nThe company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.\nCD&R will control about 79.6% of the total voting power of the company after the offering, Core & Main said in its filing.\nGoldman Sachs & Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core & Main will start trading on the NYSE under the ticker symbol \"CNM\".","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5220746,"gmtCreate":1626282530697,"gmtModify":1635229222301,"authorId":3583299333886629,"author":{"id":3583299333886629,"idStr":"3583299333886629","authorId":3583299333886629,"name":"Zac3Gan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":144636152,"type":1,"supId":0,"prevId":0,"content":"comment","text":"comment","html":"comment"}],"langContent":"EN"},{"id":144600061,"gmtCreate":1626277348553,"gmtModify":1633928308830,"author":{"id":"3586664088792049","authorId":"3586664088792049","name":"ChingKeat","avatar":"https://static.tigerbbs.com/0c4e7a5a95e073b890dc6bef918bd2b4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586664088792049","authorIdStr":"3586664088792049"},"htmlText":"Like!","listText":"Like!","text":"Like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144600061","repostId":1191149542,"repostType":4,"repost":{"id":"1191149542","kind":"news","pubTimestamp":1626275051,"share":"https://www.laohu8.com/m/news/1191149542?lang=&edition=full","pubTime":"2021-07-14 23:04","market":"us","language":"en","title":"CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1191149542","media":"Reuters","summary":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billi","content":"<p>July 13 (Reuters) - Core &amp; Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.</p>\n<p>Core &amp; Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier &amp; Rice (CD&amp;R).</p>\n<p>The private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.</p>\n<p>St. Louis, Missouri-headquartered Core &amp; Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.</p>\n<p>The company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.</p>\n<p>CD&amp;R will control about 79.6% of the total voting power of the company after the offering, Core &amp; Main said in its filing.</p>\n<p>Goldman Sachs &amp; Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core &amp; Main will start trading on the NYSE under the ticker symbol \"CNM\".</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 23:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the...</p>\n\n<a href=\"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191149542","content_text":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier & Rice (CD&R).\nThe private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.\nSt. Louis, Missouri-headquartered Core & Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.\nThe company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.\nCD&R will control about 79.6% of the total voting power of the company after the offering, Core & Main said in its filing.\nGoldman Sachs & Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core & Main will start trading on the NYSE under the ticker symbol \"CNM\".","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":144872294,"gmtCreate":1626277174818,"gmtModify":1633928310358,"author":{"id":"3585564713983052","authorId":"3585564713983052","name":"CHUMOI","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585564713983052","authorIdStr":"3585564713983052"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144872294","repostId":1191149542,"repostType":4,"repost":{"id":"1191149542","kind":"news","pubTimestamp":1626275051,"share":"https://www.laohu8.com/m/news/1191149542?lang=&edition=full","pubTime":"2021-07-14 23:04","market":"us","language":"en","title":"CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1191149542","media":"Reuters","summary":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billi","content":"<p>July 13 (Reuters) - Core &amp; Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.</p>\n<p>Core &amp; Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier &amp; Rice (CD&amp;R).</p>\n<p>The private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.</p>\n<p>St. Louis, Missouri-headquartered Core &amp; Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.</p>\n<p>The company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.</p>\n<p>CD&amp;R will control about 79.6% of the total voting power of the company after the offering, Core &amp; Main said in its filing.</p>\n<p>Goldman Sachs &amp; Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core &amp; Main will start trading on the NYSE under the ticker symbol \"CNM\".</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 23:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the...</p>\n\n<a href=\"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191149542","content_text":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier & Rice (CD&R).\nThe private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.\nSt. Louis, Missouri-headquartered Core & Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.\nThe company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.\nCD&R will control about 79.6% of the total voting power of the company after the offering, Core & Main said in its filing.\nGoldman Sachs & Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core & Main will start trading on the NYSE under the ticker symbol \"CNM\".","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":144856082,"gmtCreate":1626276343246,"gmtModify":1633928321717,"author":{"id":"3581709463214326","authorId":"3581709463214326","name":"Raxon","avatar":"https://static.tigerbbs.com/f81f6754bb141e86d284b707714fd071","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581709463214326","authorIdStr":"3581709463214326"},"htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144856082","repostId":1191149542,"repostType":4,"repost":{"id":"1191149542","kind":"news","pubTimestamp":1626275051,"share":"https://www.laohu8.com/m/news/1191149542?lang=&edition=full","pubTime":"2021-07-14 23:04","market":"us","language":"en","title":"CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1191149542","media":"Reuters","summary":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billi","content":"<p>July 13 (Reuters) - Core &amp; Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.</p>\n<p>Core &amp; Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier &amp; Rice (CD&amp;R).</p>\n<p>The private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.</p>\n<p>St. Louis, Missouri-headquartered Core &amp; Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.</p>\n<p>The company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.</p>\n<p>CD&amp;R will control about 79.6% of the total voting power of the company after the offering, Core &amp; Main said in its filing.</p>\n<p>Goldman Sachs &amp; Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core &amp; Main will start trading on the NYSE under the ticker symbol \"CNM\".</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 23:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the...</p>\n\n<a href=\"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191149542","content_text":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier & Rice (CD&R).\nThe private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.\nSt. Louis, Missouri-headquartered Core & Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.\nThe company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.\nCD&R will control about 79.6% of the total voting power of the company after the offering, Core & Main said in its filing.\nGoldman Sachs & Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core & Main will start trading on the NYSE under the ticker symbol \"CNM\".","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":144827579,"gmtCreate":1626276138991,"gmtModify":1633928326915,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582969710070724","authorIdStr":"3582969710070724"},"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144827579","repostId":1191149542,"repostType":4,"repost":{"id":"1191149542","kind":"news","pubTimestamp":1626275051,"share":"https://www.laohu8.com/m/news/1191149542?lang=&edition=full","pubTime":"2021-07-14 23:04","market":"us","language":"en","title":"CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1191149542","media":"Reuters","summary":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billi","content":"<p>July 13 (Reuters) - Core &amp; Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.</p>\n<p>Core &amp; Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier &amp; Rice (CD&amp;R).</p>\n<p>The private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.</p>\n<p>St. Louis, Missouri-headquartered Core &amp; Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.</p>\n<p>The company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.</p>\n<p>CD&amp;R will control about 79.6% of the total voting power of the company after the offering, Core &amp; Main said in its filing.</p>\n<p>Goldman Sachs &amp; Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core &amp; Main will start trading on the NYSE under the ticker symbol \"CNM\".</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 23:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the...</p>\n\n<a href=\"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191149542","content_text":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier & Rice (CD&R).\nThe private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.\nSt. Louis, Missouri-headquartered Core & Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.\nThe company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.\nCD&R will control about 79.6% of the total voting power of the company after the offering, Core & Main said in its filing.\nGoldman Sachs & Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core & Main will start trading on the NYSE under the ticker symbol \"CNM\".","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":144826933,"gmtCreate":1626275964622,"gmtModify":1633928330131,"author":{"id":"4089200634496610","authorId":"4089200634496610","name":"MarcusKeok","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4089200634496610","authorIdStr":"4089200634496610"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144826933","repostId":1191149542,"repostType":4,"repost":{"id":"1191149542","kind":"news","pubTimestamp":1626275051,"share":"https://www.laohu8.com/m/news/1191149542?lang=&edition=full","pubTime":"2021-07-14 23:04","market":"us","language":"en","title":"CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1191149542","media":"Reuters","summary":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billi","content":"<p>July 13 (Reuters) - Core &amp; Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.</p>\n<p>Core &amp; Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier &amp; Rice (CD&amp;R).</p>\n<p>The private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.</p>\n<p>St. Louis, Missouri-headquartered Core &amp; Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.</p>\n<p>The company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.</p>\n<p>CD&amp;R will control about 79.6% of the total voting power of the company after the offering, Core &amp; Main said in its filing.</p>\n<p>Goldman Sachs &amp; Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core &amp; Main will start trading on the NYSE under the ticker symbol \"CNM\".</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 23:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the...</p>\n\n<a href=\"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191149542","content_text":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier & Rice (CD&R).\nThe private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.\nSt. Louis, Missouri-headquartered Core & Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.\nThe company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.\nCD&R will control about 79.6% of the total voting power of the company after the offering, Core & Main said in its filing.\nGoldman Sachs & Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core & Main will start trading on the NYSE under the ticker symbol \"CNM\".","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":144829476,"gmtCreate":1626275854295,"gmtModify":1633928332425,"author":{"id":"3582505037271711","authorId":"3582505037271711","name":"firenite","avatar":"https://static.tigerbbs.com/2a1be6942240be2ab352460f12ee01d5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582505037271711","authorIdStr":"3582505037271711"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144829476","repostId":1191149542,"repostType":4,"repost":{"id":"1191149542","kind":"news","pubTimestamp":1626275051,"share":"https://www.laohu8.com/m/news/1191149542?lang=&edition=full","pubTime":"2021-07-14 23:04","market":"us","language":"en","title":"CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1191149542","media":"Reuters","summary":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billi","content":"<p>July 13 (Reuters) - Core &amp; Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.</p>\n<p>Core &amp; Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier &amp; Rice (CD&amp;R).</p>\n<p>The private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.</p>\n<p>St. Louis, Missouri-headquartered Core &amp; Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.</p>\n<p>The company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.</p>\n<p>CD&amp;R will control about 79.6% of the total voting power of the company after the offering, Core &amp; Main said in its filing.</p>\n<p>Goldman Sachs &amp; Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core &amp; Main will start trading on the NYSE under the ticker symbol \"CNM\".</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 23:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the...</p>\n\n<a href=\"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191149542","content_text":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier & Rice (CD&R).\nThe private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.\nSt. Louis, Missouri-headquartered Core & Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.\nThe company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.\nCD&R will control about 79.6% of the total voting power of the company after the offering, Core & Main said in its filing.\nGoldman Sachs & Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core & Main will start trading on the NYSE under the ticker symbol \"CNM\".","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":144867931,"gmtCreate":1626275770623,"gmtModify":1633928333928,"author":{"id":"3582028563589251","authorId":"3582028563589251","name":"lalaland0","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3582028563589251","authorIdStr":"3582028563589251"},"htmlText":"+2","listText":"+2","text":"+2","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144867931","repostId":1191149542,"repostType":4,"repost":{"id":"1191149542","kind":"news","pubTimestamp":1626275051,"share":"https://www.laohu8.com/m/news/1191149542?lang=&edition=full","pubTime":"2021-07-14 23:04","market":"us","language":"en","title":"CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1191149542","media":"Reuters","summary":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billi","content":"<p>July 13 (Reuters) - Core &amp; Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.</p>\n<p>Core &amp; Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier &amp; Rice (CD&amp;R).</p>\n<p>The private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.</p>\n<p>St. Louis, Missouri-headquartered Core &amp; Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.</p>\n<p>The company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.</p>\n<p>CD&amp;R will control about 79.6% of the total voting power of the company after the offering, Core &amp; Main said in its filing.</p>\n<p>Goldman Sachs &amp; Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core &amp; Main will start trading on the NYSE under the ticker symbol \"CNM\".</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 23:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the...</p>\n\n<a href=\"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191149542","content_text":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier & Rice (CD&R).\nThe private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.\nSt. Louis, Missouri-headquartered Core & Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.\nThe company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.\nCD&R will control about 79.6% of the total voting power of the company after the offering, Core & Main said in its filing.\nGoldman Sachs & Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core & Main will start trading on the NYSE under the ticker symbol \"CNM\".","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":144866803,"gmtCreate":1626275628502,"gmtModify":1633928336978,"author":{"id":"4087482257900820","authorId":"4087482257900820","name":"宙斯的爱子","avatar":"https://static.tigerbbs.com/fc0e6d83a9159fc929382e8ece1c04c9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087482257900820","authorIdStr":"4087482257900820"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144866803","repostId":1191149542,"repostType":4,"repost":{"id":"1191149542","kind":"news","pubTimestamp":1626275051,"share":"https://www.laohu8.com/m/news/1191149542?lang=&edition=full","pubTime":"2021-07-14 23:04","market":"us","language":"en","title":"CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1191149542","media":"Reuters","summary":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billi","content":"<p>July 13 (Reuters) - Core &amp; Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.</p>\n<p>Core &amp; Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier &amp; Rice (CD&amp;R).</p>\n<p>The private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.</p>\n<p>St. Louis, Missouri-headquartered Core &amp; Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.</p>\n<p>The company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.</p>\n<p>CD&amp;R will control about 79.6% of the total voting power of the company after the offering, Core &amp; Main said in its filing.</p>\n<p>Goldman Sachs &amp; Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core &amp; Main will start trading on the NYSE under the ticker symbol \"CNM\".</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCD&R-owned Core & Main eyes $7.5 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 23:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the...</p>\n\n<a href=\"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/legal/transactional/cdr-owned-core-main-eyes-75-bln-valuation-us-ipo-2021-07-13/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191149542","content_text":"July 13 (Reuters) - Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States.\nCore & Main, which is looking to list on the New York Stock Exchange, is owned by investment funds tied to private equity firm Clayton, Dubilier & Rice (CD&R).\nThe private equity firm in 2017 bought the distributor of water, sewer, storm drain and fire protection products from HD Supply Holdings.\nSt. Louis, Missouri-headquartered Core & Main reported a 7% rise in net sales to $3.64 billion for the fiscal year ended Jan. 31.\nThe company is offering around 34.9 million shares, expected to be priced between $20 and $23 each, which would translate into an $802.3 million raise at the top end of that range.\nCD&R will control about 79.6% of the total voting power of the company after the offering, Core & Main said in its filing.\nGoldman Sachs & Co, Credit Suisse and J.P. Morgan are the lead underwriters for the offering, following which Core & Main will start trading on the NYSE under the ticker symbol \"CNM\".","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":64,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}