SOLV Energy's Private-Equity Owner Cashes Out $220.5 Million in Stock
American Securities, which holds a 10% stake, sold the shares alongside a separate distribution of 7.9 million shares and a management share disposal.
American Securities, a 10% owner of SOLV Energy, sold $220.5 million of stock, while SOLV Energy management holdings separately disposed of 1.3 million shares.
BREAKING STORYBEARISH