Evoqua Announces IPO Price
Evoqua Water Technologies Corp. announced the pricing of its initial public offering (IPO). Its common stock is priced at a public offering price of $18 per share. The offering is expected to close Nov. 6, 2017, on the New York Stock Exchange under the symbol “AQUA.”
Based in Pittsburgh, Pa., Evoqua Water Technologies provides filtration offerings and is the largest North American provider of water treatment products. According to Reuters, private investment firm AEA owns 58.8% of Evoqua’s common stock and plans to own 43% to 40% after the IPO.