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ALV Allianz AG

253.30
-4.00 (-1.55%)
14 Jun 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Allianz AG TG:ALV Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.00 -1.55% 253.30 252.90 253.60 257.90 251.80 257.80 70,967 22:50:03

Autoliv Prices $364 Million Equity Offering

25/03/2009 8:43am

Dow Jones News


Allianz (TG:ALV)
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Autoliv Inc. (ALV), the world's largest maker of seatbelts and airbags, said Wednesday it has priced its upcoming equity offering that should raise $364 million.

The Swedish-American company said it will sell 13.4 million treasury shares of its common stock at a public offering price of $16.00 per share and six million equity units for $25.00 per unit.

Autoliv has also granted the underwriters an option to buy an additional 1.34 million shares of common stock and up to an additional 600,000 equity units.

Autoliv has suffered a drop in revenue in recent months as carmakers in Europe and the U.S. have slashed production.

Company Web site: www.autoliv.com

-By Ola Kinnander, Dow Jones Newswires; +46-8-5451-3097; ola.kinnander@dowjones.com

 
 

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