Jarden Corporation is raising the number of shares in its secondary offering from 11.6 to 15 million, priced at $47 each. The proceeds of $678.7 million, which would increase to $781.4 million if an overallotment option is exercised, would help finance the group's newly announced acquisition of Yankee Candle Investments, an American supplier of candles, for a price of $1.75 billion in cash. The offering period is schedule to close on Sept. 10.

Topics