Bel Fuse Inc. Announces Pricing of Upsized Public Offering of Class B Common Stock
Bel Fuse Inc., a global manufacturer of electronic components, announced the pricing of an upsized underwritten offering of 1,500,000 Class B common shares at $266.00 per share, raising about $399 million before expenses. The company plans to use proceeds to pay down debt, fund a 20% acquisition stake in Enercon Technologies, and for other acquisit…