financetom
Business
financetom
/
Business
/
Blackstone-backed Legence raises $728 million in US IPO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Blackstone-backed Legence raises $728 million in US IPO
Sep 11, 2025 4:36 PM

Sept 11 (Reuters) - Engineering and maintenance services

provider Legence raised $728 million in its U.S. initial public

offering on Thursday, adding its name to the string of companies

looking to go public amid heightened investor enthusiasm.

The San Jose, California-based company sold 26 million

shares priced at $28, within its marketed range of $25 to $29

apiece. This gives Legence a valuation of $2.85 billion.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Soccer-Chelsea draw 0-0 with Brentford in blow for top four hopes
Soccer-Chelsea draw 0-0 with Brentford in blow for top four hopes
Apr 6, 2025
LONDON, April 6 (Reuters) - Chelsea were held to a 0-0 draw by their west London neighbours Brentford on Sunday, dealing a blow to the Blues in their hunt for a top-four finish that would guarantee them a spot in next season's Champions League. Chelsea manager Enzo Maresca made five changes to the team that beat Tottenham Hotspur 1-0 on...
Soccer-Liverpool drop rare points, Southampton suffer earliest-ever relegation
Soccer-Liverpool drop rare points, Southampton suffer earliest-ever relegation
Apr 6, 2025
LONDON, April 6 (Reuters) - Liverpool took a rare stumble in their march to the Premier League title with a 3-2 loss at Fulham on Sunday while Southampton suffered the earliest-ever relegation in league history when they lost 3-1 at Tottenham Hotspur. Chelsea were held to a 0-0 draw by Brentford in a blow to the Blues' hunt for Champions...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Netanyahu says will seek relief from tariffs in meeting with Trump
Netanyahu says will seek relief from tariffs in meeting with Trump
Apr 6, 2025
JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Sunday he hopes U.S. President Donald Trump will ease tariffs imposed on Israel when the two meet in Washington this week. Under a sweeping new tariff policy announced by Trump, Israeli goods face a 17% U.S. tariff. The U.S. is Israel's closest ally and largest single trading partner. Netanyahu, who...
Copyright 2023-2026 - www.financetom.com All Rights Reserved