VWR News

The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, December 19, 2014: Additions: LendingClub LC (LC) Paramount Group (PGRE) VWR (VWR) Removals: Constellium Holdco BV (CSTM) Grana y...read more

11 IPOs priced during the week of September 29, but only 3 had any meaningful gains, including two tech deals and American Addiction Centers, a network of substance abuse treatment centers. The group raised $2.4 billion; 25% less than expected after frac sand maker Fairmount Santrol cut its deal size 60% to just $400 million. Fairmount was one of five offerings with private equity...read more

VWR, a Madison Dearborn-backed supplier of general and specialty laboratory products, raised $536 million by offering 25.5 million shares at $21, below the range of $22 to $25. VWR plans to list on the NASDAQ under the symbol VWR. BofA Merrill Lynch, Goldman Sachs, J.P. Morgan, Barclays, Deutsche Bank, Citi, Jefferies & Co. and William Blair acted as lead managers on the deal....read more

Heightened IPO activity continues with 11 IPOs set to raise $3.2 billion this week, following the nine companies that went public last week. The week ahead should see five private equity-backed IPOs, including four LBOs and one...read more