Water infrastructure firm Core & Main rises over 8% in debut
July 23 (Reuters) - Shares of Core & Main Inc, a water infrastructure company owned by private equity firm Clayton, Dubilier & Rice (CD&R) rose over 8% in their debut, giving the company a market capitalization of $7 billion.
The stock opened at $21.70 per share, higher than the initial public offering price of $20 per share.
Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli
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