Titan America Initiates IPO Process for NYSE Listing

Titan Cement International N.V. ( (TTCIF) ) just unveiled an announcement.

Titan Cement International’s subsidiary, Titan America, has filed for an IPO, aiming to list its shares on the New York Stock Exchange under the symbol ‘TTAM’. The offering, led by Citigroup and Goldman Sachs, will include both primary and secondary sales, subject to market conditions, and marks a strategic move to strengthen Titan America’s market position in the U.S.

More about Titan Cement International N.V.

Titan America is a leading fully integrated company in the construction and infrastructure materials sector, operating in the high-growth economic regions of the east coast of the United States, including Florida, the Mid-Atlantic, and the Metro New York/New Jersey area. Titan Cement International, the parent company, is an international company with a strong presence in developed markets, employing over 5,700 people across more than 25 countries.

YTD Price Performance: 0.37%

Average Trading Volume: 107

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.17B

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