Visteon Corp (VSTO.OB), which emerged from bankruptcy earlier this month, said on Friday it would launch a $2.9 billion offering for about 47 million shares.
In a U.S. Securities and Exchange Commission filing, the company said it was registering the stock to allow some of its stockholders to sell their shares, and that it will not receive any proceeds from the share offering.
Visteon, a former unit of Ford Motor Co (F.N) and a key supplier
Read more:reuters
No comments:
Post a Comment