HMH Holding Aims for $231 Million in US Public Offering

HMH Holding plans to sell 10.5 million shares priced between $19 and $22 in its US IPO. The Houston firm provides equipment for oil and gas operations.

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HMH Holding, a Houston-based provider of drilling equipment and services, is seeking to raise up to $231.4 million in its initial public offering in the United States. According to a company statement released on Monday, the firm intends to sell 10.5 million shares at a price range expected to fall between $19 and $22 per share.

A street sign for Wall Street is pictured outside the New York Stock Exchange in New York City. REUTERS/Shannon Stapleton
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