Primo Brands announces 47.5M Class A common stock offering for holders

Primo Brands (PRMB) Corporation announced that two of its stockholders, who are affiliates of One Rock Capital Partners, intend to offer for sale in an underwritten secondary offering 47.5M shares of the company’s Class A common stock. The selling stockholders will receive all of the net proceeds from this offering. No shares are being sold by the company. BofA Securities and Morgan Stanley are serving as the underwriters for the proposed offering.