Baird served as joint book-running manager on this offering
AboutOwens & Minor, Inc. (“Owens & Minor” or the “Company”) (NYSE: OMI) recently completed an underwritten public offering of 9,746,250 shares of its common stock at a price to the public of $20.50 per share, which includes the exercise in full by the underwriters of their option to purchase an additional 1,271,250 shares of common stock. The gross proceeds to the Company from the offering are expected to be approximately $199.8 million.
Owens & Minor is a global healthcare solutions company with integrated technologies, products and services aligned to deliver significant and sustained value for healthcare providers and manufacturers across the continuum of care. With approximately 15,400 dedicated teammates serving healthcare industry customers in 70 countries, the Company helps to reduce total costs across the supply chain by optimizing episode and point-of-care performance, freeing up capital and clinical resources, and managing contracts to optimize financial performance. The Company has distribution, production, customer service and sales facilities located across the Asia Pacific region, Europe, Latin America and North America. Owens & Minor, Inc. is headquartered in Richmond, Virginia.
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- October 2020
- Owens & Minor, Inc.
- Target Location
- North America