
Blackstone-backed Legence valued at $2.75 billion after shares fall in debut
By Atharva Singh and Arasu Kannagi Basil (Reuters) – Legence, an engineering and maintenance service provider backed by Blackstone, debuted on the Nasdaq with a market valuation of $2.75 billion after its shares fell 3.6% on Friday. The post-Labor Day initial public offering rush is shaping up to be one of the busiest in years,…