StandardAero slips as Carlyle to slice stake in about $850 mln secondary offering
Shares of aircraft maintenance services co StandardAero SARO.N down 1.9% before the bell to $28.05 after secondary offering news
Scottsdale, Arizona-based SARO says private equity sponsor Carlyle CG.O and Singapore's sovereign wealth fund GIC to offload 30 mln shares
Carlyle to sell ~24.5 mln shares and GIC to sell the balance, per the SEC prospectus filing
Offering would cut Carlyle's stake from 62.8% to 55.5%, and take GIC's stake from 14.2% to 12.5%
SARO has ~334.46 mln shares outstanding for ~$9.6 bln market cap
JP Morgan, Morgan Stanley and RBC are jt lead bookrunners for the offering
Earlier this month, co posted Q4 rev of $1.41 bln and projected 2025 rev of $5.8-$5.95 bln
SARO shares opened at $31 in their Oct 2 debut after $1.4 bln IPO priced at $24
Related Articles
Tesla Stock Outlook: Competing With Rivian, Robotaxi Potential, and 2026 Prospects
There is much conversation about the prospect of investing in Tesla (TSLA) as we move closer to 2026. The volatility of its share price in 2025 is leading many investors to consider if they should purchase shares of Tesla given the alternatives available in terms of electric vehicles (Rivian, etc.).
Why Sanae Takaichi Winning Japan’s Diet Election Led to a Surge in Japanese Stock Indices？
TradingKey - Reports indicate that the ruling coalition led by Japanese Prime Minister Sanae Takaichi has secured a single-party majority in the parliamentary elections held on Sunday (February 8). Following the news, the yen weakened slightly, while the Nikkei Index surpassed 57,000 for the first t
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
Is Bitcoin’s Four-Year Cycle Dead in 2026?
Is the Bitcoin 4-year cycle dead? After 2025 broke historical records with a red post-halving year, institutional analysts explore if the Bitcoin price has decoupled from the halving countdown. Analyze the impact of spot ETFs, global liquidity, and the roadmap to the 2028 halving in this 2026 market
