April 2 (Reuters) - UL Solutions, which tests the safety

of industrial and consumer products, said on Tuesday it was

targeting a valuation of up to $5.8 billion in its U.S. initial

public offering.

The company said its parent, UL Standards & Engagement

(ULSE), will sell 28 million shares at between $26 and $29 each

to raise up to $812 million.

UL Solutions will not receive any proceeds from the IPO,

which comes as the U.S. IPO market is on a rebound amid growing

expectations of a soft landing for the economy.

Goldman Sachs and J.P. Morgan Securities are the lead

underwriters for the offering.

UL Solutions will list on the New York Stock Exchange under

the ticker symbol "ULS".