StandardAero valued at $10.4 billion as shares jump in NYSE debut | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County

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StandardAero valued at $10.4 billion as shares jump in NYSE debut

By Thomson Reuters Oct 2, 2024 | 1:23 PM

(Reuters) – StandardAero’s shares opened 29% above the initial public offering price in their market debut on Wednesday, giving the Carlyle-backed aviation maintenance services provider a market value of about $10.4 billion.

(Reporting by Niket Nishant and Prakhar Srivastava in Bengaluru; Editing by Sriraj Kalluvila)

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