7h ago
Doncasters raises $919.3 million in U.S. IPO ahead of NYSE debut
UK aerospace parts maker Doncasters raised $919.3 million in a U.S. initial public offering after selling 27.9 million shares at $33 each, above the marketed range. The company has pursued a turnaround since a debt restructuring more than six years ago and has invested over $170 million since 2020 to modernize facilities and expand capacity. Doncasters manufactures complex components such as blades and vanes for aerospace engines and industrial gas turbines, serving customers across aviation and energy.