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Madison Air Announces $2.25 Bln Private Placement To Fund Ebm-papst Acquisition

Source: Nasdaq

Capital Returns (Dividends / Buybacks)Company FundamentalsPrivate Markets & VentureMarket Technicals & Flows

Madison Air Solutions (MAIR) agreed to sell 90.11 million shares of Class A common stock at $24.97 per share in a private placement, expected to raise about $2.25 billion. The large equity raise is likely to weigh near term on per-share metrics through dilution expectations.

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