|
PRINCETON, N.J. (AP) -- Specialty chemicals producer Rockwood Holdings Inc. said Monday it plans a secondary offering of 10 million shares of common stock, to be offered by a group of selling stockholders. The shares are being offered by funds affiliated with Kohlberg Kravis Roberts & Co. and DLJ Merchant Banking Partners III, as well as certain members of management. Rockwood will not receive any proceeds from the offering. The underwriters have been granted the option to buy up to an additional 1.5 million shares from the selling stockholders to cover any overallotments. Credit Suisse, Goldman, Sachs & Co., KKR Capital Markets, UBS Investment Bank, Lehman Brothers, First Analysis Securities Corp. and Deutsche Bank Securities are underwriting the offering. Rockwood shares fell $1 to $35.82 in morning trading.
|