Fitness centers operator Life Time valued at $3.3 bln in dull market debut

  • 10/7/2021
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Oct 7 (Reuters) - Life Time Group Holdings Inc touched a market value of $3.3 billion on Thursday after shares of the operator of fitness centers opened 8% below their offer price. Shares of the company, backed by private equity giant TPG, opened at $16.57 per share, down from its initial public offering price of $18. (Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel) Our Standards: The Thomson Reuters Trust Principles.

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