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Stock impact report

US Foods Announces Launch of Secondary Public Offering of Common Stock

US Foods Holding Corp. (USFD) 
Last us foods holding corp. earnings: 2/11 06:45 am Check Earnings Report
US:NYSE Investor Relations: usfoods.com/investors.html
Company Research Source: Business Wire
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE:USFD), today announced the launch of a secondary public offering of its common stock. Investment funds associated with Clayton, Dubilier & Rice, LLC (“CD&R”) and Kohlberg Kravis Roberts & Co. L.P. (“KKR”) and certain members of management and the board of directors (collectively, the “Selling Stockholders”) are offering for sale to the public 35,000,000 shares of US Foods’ common stock owned by them. In connection with the offering, investment funds associated with CD&R and KKR will grant to the underwriters a 30-day option to purchase from such Selling Stockholders up to an additional 5,250,000 shares of common stock. US Foods is not selling any stock in this transaction and will not receive any proceeds from the sale of the shares of common stock by the Selling Stockholders. Goldman Sachs & Co. LLC, Morgan Stanley and J.P. Morgan are acting as Show less Read more
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