US85423L1035 - Common Stock
There will be a steady increase in the number of initial public offerings in the US through 2025, albeit no “switch will be flipped” for companies to rush to list, according to a top executive at Carlyle Group Inc.
The market for initial public offerings of companies that are owned by the likes of private equity firms is picking up, buoying the outlook for such first-time share sales heading into next year, says a top JPMorgan Chase & Co. banker.
StandardAero Inc. shares climbed 31% in the aircraft maintenance services provider’s trading debut, after the firm and some of its investors raised $1.44 billion in an initial public offering.
StandardAero Inc., a Carlyle Group Inc.-backed aircraft maintenance services provider is weighing pricing its initial public offering above a marketed range, according to people familiar with the matter.
StandardAero Inc. is seeking to raise $1.1 billion in its initial public offering, after its backer Carlyle Group Inc. had decided to pursue a listing for the aircraft maintenance services provider rather than a sale.
Carlyle Group Inc. has decided to take StandardAero Inc. public after trying to sell the aircraft maintenance services provider, according to people familiar with the matter.