Huntsman’s pigments and additives business launches IPO to raise around $500M

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The Woodlands-based Huntsman Corp. (NYSE: HUN) announced July 24 that its pigments and additives subsidiary has launched its initial public offering of 22.7 million shares. Venator Materials PLC’s IPO is expected to be priced between $20 and $22 per share, and Huntsman plans to grant the underwriters a 30-day option to purchase up to an additional 3.4 million shares. Before deducting the underwriting discount and estimated offering expenses, the IPO could raise up to $499.4 million, or $574.31…


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