Brookfield-Backed Clarios Seeks $1.8 Billion in IPO

Clarios International Inc., the car battery maker backed by Brookfield Asset Management Inc., is seeking as much as $1.8 billion in its U.S. initial public offering.

The Milwaukee-based company is offering 88.1 million shares at $17 to $21 apiece, it said in an updated filing with the U.S. Securities and Exchange Commission Tuesday. At the top end of the range, it could be valued at $10.7 billion, according Bloomberg’s calculation based on the common shares outstanding.

Brookfield and Caisse de dépôt et placement du Québec have indicated interest to buy up to $500 million worth of stock ...