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BRIEF-WL Ross Holding says $182.6 mln investment by First Pacific Advisors
May 24, 2016 / 11:31 AM / a year ago

BRIEF-WL Ross Holding says $182.6 mln investment by First Pacific Advisors

May 24 (Reuters) - WL Ross Holding Corp -

* First Pacific Advisors, LLC, on behalf of certain clients, has agreed to invest $182.6 million in Co

* Investment comprises 18.26 million shares of newly issued stock at $10/share contingent upon completion of Co’s acquisition of Nexeo

* Proceeds are expected to be used to fund stockholder redemptions and, pursuant to merger agreement to acquire Nexeo Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

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