Southwest Gasoline (NYSE:SWX) disclosed plans Friday to move forward with an IPO for its infrastructure providers enterprise, two years after first asserting its intention for the spinoff following a problem by activist investor Carl Icahn.
Centuri Holdings, which builds and maintains vitality networks that energy hundreds of thousands of houses and companies throughout the U.S. and Canada, plans to listing on the NYSE below the CTRI image.
Southwest Gasoline (SWX) mentioned in 2022 that it might spin off the unit to deal with its regulated pure gasoline enterprise, after reaching a settlement with Icahn.
The timing, variety of shares to be supplied and the worth vary for the proposed providing haven’t but been decided.
Icahn Enterprises (IEP) owns ~15% of Southwest Gasoline (SWX), in response to Bloomberg knowledge.
Southwest Gasoline (NYSE:SWX) disclosed plans Friday to move forward with an IPO for its infrastructure providers enterprise, two years after first asserting its intention for the spinoff following a problem by activist investor Carl Icahn.
Centuri Holdings, which builds and maintains vitality networks that energy hundreds of thousands of houses and companies throughout the U.S. and Canada, plans to listing on the NYSE below the CTRI image.
Southwest Gasoline (SWX) mentioned in 2022 that it might spin off the unit to deal with its regulated pure gasoline enterprise, after reaching a settlement with Icahn.
The timing, variety of shares to be supplied and the worth vary for the proposed providing haven’t but been decided.
Icahn Enterprises (IEP) owns ~15% of Southwest Gasoline (SWX), in response to Bloomberg knowledge.