Initial Public Offering
Baird served as Co-Manager in this transaction
AboutDelphi Automotive PLC (“Delphi” or the “Company”) (NYSE: DLPH) recently completed an initial public offering of 24,078,827 common shares at a price of $22.00 per share, generating gross proceeds of approximately $530 million. All of the shares of common stock were sold by existing shareholders. The Company will not receive any proceeds from the offering.
Delphi is a leading global vehicle components manufacturer and provides electrical and electronic, powertrain, safety and thermal technology solutions to the global automotive and commercial vehicle markets. Delphi is one of the largest vehicle component manufacturers and its customers include the 25 largest automotive original equipment manufacturers in the world. The Company has a presence in 30 countries with over 16,000 scientists, engineers, technicians and technical professionals dedicated to providing innovative product solutions for its customers.
Delphi is publicly traded on the New York Stock Exchange.
For additional information about this transaction, please contact:
- November 2011
- Delphi Automotive PLC
- Target Location
- North America