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By Reuters Staff 2 Min Read (Reuters) -Clarios International Inc, backed by Canada’s Brookfield Asset Management Inc, on Friday revealed that it swung to an annual loss after taking a hit from the COVID-19 pandemic, even as the car battery maker cleared the decks for a high-profile stock market listing in the United States. The company confidentially filed for a listing in May, Reuters had reported, and with a potential valuation of over $20 billion in its IPO, it could be one of the biggest U.S. floatations from the auto sector this year. Clarios is also backed by one of Canada’s biggest state pension investors, Caisse de dépôt et placement du Québec (CDPQ). Entities affiliated with Brookfield and CPDQ will continue to hold more than 50% of voting power, the prospectus showed.

United statesNova scotiaNiket nishantDevika syamnathThomson reuters trust principlesClarios international incCanada brookfield asset management incYork stock exchangeNew york stock exchangeDidi global incBrookfield asset management incThomson reuters trustஒன்றுபட்டது மாநிலங்களில்நோவா ஸ்கோடியாநீக்கேத் நிஷாந்த்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்