Deals
KKR's Gardner Denver Rises After Raising $826 Million in IPO
- 6,000 employees to get equity grants totalling $100 million
- KKR keeps voting control of firm it acquired for $3.7 billion
Gardner Denver CEO Sees 'Tremendous Room' for Growth
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KKR & Co.-backed Gardner Denver Holdings Inc. climbed in its trading debut after pricing its initial public offering below the marketed share price range.
Gardner Denver rose almost 4 percent to $20.80 at 2:35 p.m. in New York, after climbing as much as 6.5 percent. The company raised $826 million in its IPO, the third-biggest corporate deal in the U.S. this year.