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23.06.25 - 22:03
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Nevada Customers to See Lower Bills Starting July 1 (PR Newswire)
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LAS VEGAS, June 23, 2025 /PRNewswire/ -- Southwest Gas Corporation (Southwest Gas or Company) announced today that Nevada customers will see lower bills beginning July 1, 2025, as a result of the Company's recent filing approved by the Public Utilities Commission of Nevada (PUCN or......
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17.06.25 - 04:12
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Centuri Announces Pricing of Upsized Secondary Public Offering of Common Stock (Business Wire)
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PHOENIX--(BUSINESS WIRE)--$CTRI--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the “Company”) today announced the pricing of an underwritten secondary public offering of 9,750,000 shares of Centuri's common stock by Southwest Gas Holdings, Inc. (“Southwest Gas”) as selling stockholder (the “Offering”). The size of the Offering reflects an increase from the 9,500,000 shares originally proposed to be sold. Southwest Gas has also granted the underwriters a 30-day option to purchase up to an additional 1,462,500 shares of Centuri's common stock. The Offering is expected to close on June 18, 2025, subject to customary closing conditions.
Subject to the expiration or early termination of the applicable waiting period relating to certain antitrust filings under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, Southwest Gas has also entered into an agreement to sell to Icahn Partners and Icahn Partners Master Fund LP, investment entities affiliated with Carl C. Icahn (th...
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16.06.25 - 22:09
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Centuri Announces Launch of Secondary Public Offering of Common Stock (Business Wire)
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PHOENIX--(BUSINESS WIRE)--$CTRI--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the “Company”) today announced the commencement of an underwritten secondary public offering of 9,500,000 shares of Centuri's common stock by Southwest Gas Holdings, Inc. (“Southwest Gas”) as selling stockholder (the “Offering”). Southwest Gas also expects to grant the underwriters a 30-day option to purchase up to an additional 1,425,000 shares of Centuri's common stock.
Subject to the expiration or early termination of the applicable waiting period relating to certain antitrust filings under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, Southwest Gas has also entered into an agreement to sell to Icahn Partners and Icahn Partners Master Fund LP, investment entities affiliated with Carl C. Icahn (the “Icahn Investors”), an aggregate of $22 million in shares of Centuri's common stock in a concurrent private placement at a price per share equal to the Offering price per share. Th...
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21.05.25 - 05:57
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Centuri Announces Pricing of Secondary Public Offering of Common Stock (Business Wire)
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PHOENIX--(BUSINESS WIRE)--$CTRI--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the “Company”) today announced the pricing of a previously announced underwritten secondary public offering of 9,000,000 shares of Centuri's common stock by Southwest Gas Holdings, Inc. (“Southwest Gas”) as selling stockholder (the “Offering”). Southwest Gas has also granted the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of Centuri's common stock. The Offering is expected to close on May 22, 2025, subject to customary closing conditions.
In addition to the shares of Centuri's common stock sold in the Offering, Southwest Gas previously announced that Icahn Partners and Icahn Partners Master Fund LP, investment entities affiliated with Carl C. Icahn, will purchase an aggregate of $50 million in shares of Centuri's common stock from Southwest Gas in a concurrent private placement at a price per share equal to the Offering price per share. The concurrent private placement i...
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