BUZZ-Legence slips as Blackstone looks to cut stake in secondary offering

Reuters
2025/12/10
BUZZ-Legence slips as <a href="https://laohu8.com/S/BX">Blackstone</a> looks to cut stake in secondary offering 

** Engineering and maintenance services provider Legence's LGN.O shares down 4.4% at $46.35 in extended trading

** LGN announces launch of secondary offering of 7 million shares by alternative asset manager Blackstone BX.N

** Goldman Sachs and Jefferies are acting as joint lead book-running managers and Blackstone Capital Markets is acting as a co-manager for offering

** Blackstone-backed LGN went public in New York in September after $728 million IPO

** LGN has 105.3 million outstanding shares, according to offering prospectus

** 14 of 15 brokerages rate the stock "buy" or higher and one "hold"; median PT $46 - data compiled by LSEG

** As of last close, LGN stock up 73% since September debut

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10