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Ares Management Reports Launch Of Public Offering Of 2.65M Shares Of Class A Common Stock

Author: Benzinga Newsdesk | June 12, 2024 04:27pm

Ares expects to grant to the underwriters of the offering an option to purchase up to 397,500 additional shares of Class A common stock.

Ares intends to use the net proceeds from the offering for general corporate purposes, including repayment of debt, strategic acquisitions and to fund growth initiatives.

Posted In: ARES


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