Sensata prices IPO at bottom of range - underwriter
NEW YORK, March 10 |
NEW YORK, March 10 (Reuters) - Car parts maker Sensata Technologies Holding (ST.N) priced shares in its initial public offering at the bottom of the expected range on Wednesday.
The company sold 31.6 million shares for $18 each, raising about $568.8 million.
It had planned to sell 31.6 million shares for $18 to $20 each. (Reporting by Clare Baldwin; Editing by Richard Chang)
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