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Ingersoll-Rand Prices Secondary Common Stock Offering at $49 Per Share

05/11/2021 02:40

06:24 AM EDT, 05/11/2021 (MT Newswires) -- Ingersoll-Rand (IR) on Tuesday priced a secondary offering of about 14.9 million of the company's common shares at $49 per share.

The offering, which is being made by KKR Renaissance Aggregator LP, is expected to close on May 13.

The company said it is not selling any shares and will not receive any proceeds from the offering.

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