Clarios filed to go public in the U.S. in 2021, but postponed its plans indefinitely later that year due to market volatility and macroeconomic pressures
Milwaukee, Wisconsin-based Clarios did not immediately respond to a Reuters request asking for more information on the withdrawal.
The company was aiming for a valuation of nearly $11-billion in the offering by raising up to $1.85-billion at the top end of its IPO pricing range. Clarios said at the time it would reassess market conditions.
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