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

(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)