Kansas City-based Interstate Bakeries Corporation (IBC) has filed a registration statement with the Securities and Exchange Commission (SEC) for the offer and sale of 7,500,000 shares of common stock in a secondary public offering, including 681,818 shares of common stock that may be sold upon exercise of the underwriters’ over-allotment option.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
All of the shares are being offered by Tower Holding Company, a wholly owned subsidiary of Nestlé Purina PetCare Company, which is an indirect subsidiary of Nestlé SA. IBC will not receive any proceeds from the sale of the shares by Tower.
The lead managers for the offering are Credit Suisse First Boston, Merrill Lynch & Co. and JPMorgan.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
