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Loar Holdings Plans .28 Billion Valuation In US IPO

A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City

Aerospace parts manufacturer Loar Holdings is set to make its debut on the US stock market with an initial public offering (IPO) that could potentially value the company at up to $2.28 billion.

The company, known for its high-quality aerospace components, is looking to raise significant capital through this IPO to fuel its growth and expansion plans. This move comes at a time when the aerospace industry is experiencing a resurgence in demand, driven by factors such as increased air travel and technological advancements.

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