Flotation is pure play for Xylem
- From: Vol 12, Issue 11 (November 2011)
- Category: General
- Region: Americas
- Country: United States
- Related Companies: GE Water, GE Zenon, ITT, X-Flow and Xylem
Xylem hit the ground running with a flurry of announcements, including a distribution deal with GE Zenon.
Xylem floated on the New York Stock Exchange amid choppy conditions on 1st November. The shares started trading at $25.60, rising to a high of $28.28, but amidst turmoil in the Eurozone, the share price had fallen below $24.00 at the time of going to press. With a market capitalisation of $4.4 billion, the company is ...
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