Delphi expects to raise 580 million U.S. dollars through IPO listing

According to the Detroit News, Delphi Automotive Systems expects to raise 578 million U.S. dollars in public IPOs that will begin next week.

According to a SEC filing, Delphi will sell 24.1 million shares at $22 to $24 per share. Underwriters Goldman Sachs and JP Morgan Chase may choose to buy or sell up to 3.61 million Delphi companies. Stocks.

Paulson, the largest shareholder of Delphi’s 72.3 million shares, expects to sell 20.6 million shares in the public offering. After selling this portion of shares, Paulson’s stake in Delphi will be reduced from 22% to 15.8%.

Delphi’s public offering will be held on the US Stock Exchange for the first time on October 17. The company’s headquarters will be located in the United Kingdom, but the operating headquarters will remain in Troy, Michigan.