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Avantor Completes $1 Billion Common Stock Offering

09.20.21

Simpson Thacher represented Avantor, Inc. (NYSE: AVTR) in connection with the public offering and sale of 23,809,524 shares of its common stock, generating approximately $1 billion in gross proceeds. Avantor intends to use the net proceeds from this offering, along with the proceeds from certain debt financing transactions, to finance its previously announced acquisition of the Masterflex bioprocessing business and related assets of Antylia Scientific.

Avantor is a leading global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries.

The Simpson Thacher team included Joe Kaufman, Ryan Bekkerus, Jessica Asrat and Nicole Fu (Capital Markets); and Sophie Staples, Caroline Phillips and Lina Pan (Tax).