Hanson Building Products, a US/UK concrete pipe and building products manufacturer spun out of HeidelbergCement, withdrew its plans for an initial public offering on Wednesday. On December 24, 2014, the company announced that it would be acquired by Lone Star Funds for $1.4 billion. Hanson Building Products originally filed for a $100 million IPO in September. The Maidenhead,...read more
Hanson Building Products, a US/UK concrete pipe and building products manufacturer being spun out of HeidelbergCement, filed on Monday with the SEC to raise up to $100 million in an initial public offering. The Maidenhead, United Kingdom-based company, which was founded in 1964, plans to list on the NYSE but has yet to announce a ticker. BofA Merrill Lynch, BNP Paribas and...read more
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Hanson Building Products officially withdraws IPO after $1.4 billion Lone Star acquisition
Hanson Building Products, a US/UK concrete pipe and building products manufacturer spun out of HeidelbergCement, withdrew its plans for an initial public offering on Wednesday. On December 24, 2014, the company announced that it would be acquired by Lone Star Funds for $1.4 billion. Hanson Building Products originally filed for a $100 million IPO in September. The Maidenhead,...read more
HeidelbergCement spin off Hanson Building Products files for a $100 million IPO
Hanson Building Products, a US/UK concrete pipe and building products manufacturer being spun out of HeidelbergCement, filed on Monday with the SEC to raise up to $100 million in an initial public offering. The Maidenhead, United Kingdom-based company, which was founded in 1964, plans to list on the NYSE but has yet to announce a ticker. BofA Merrill Lynch, BNP Paribas and...read more