Southwest Gas Infrastructure Services Unit Centuri Files for Initial Public Offering
Saturday, 23 March 2024, 00:17
Southwest Gas Subsidiary Centuri Announces IPO
Southwest Gas has revealed plans to take its infrastructure services business, Centuri Holdings, public through an initial public offering. This move comes after two years following activist investor Carl Icahn's intervention.
Key Points:
- Centuri IPO: Southwest Gas subsidiary Centuri will be offering shares to the public.
- Investor Interest: Activist investor Carl Icahn's involvement may have influenced the decision to go public.
Investors should consider the potential impact of the IPO on Southwest Gas's financial performance and market position. The move could have far-reaching implications for the company's future strategies and growth prospects.
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