Centuri Holdings Announces Underwritten Offering to Raise Funds
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Centuri Holdings, Inc. announced an underwritten offering to sell 7,441,860 shares at $21.50 per share, closing on November 14, 2025, to raise funds for corporate purposes. Concurrently, a private placement with Icahn Partners LP will sell $75 million of common stock. The latest analyst rating is a Buy with a $25.00 price target, though TipRanks’ AI Analyst rates it Neutral due to financial challenges. The company aims to improve its capital structure and market position.
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