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UPDATE 2-CD&R-backed Core & Main valued at $7 bln as shares rise in debut

July 23 Core & Main Inc, the water infrastructure company owned by Clayton, Dubilier & Rice (CD&R), gained a valuation of $7 billion as its shares rose over 8% in their market debut on Friday.

UPDATE 2-Indicted billionaire Thomas Barrack drops SPAC plans

July 23 Falcon Peak Acquisition Corp, the blank-check acquisition firm of former U.S. President Donald Trump's billionaire ally Thomas Barrack, withdrew its initial public offering registration on Friday after he was charged with illegal lobbying. The special purpose acquisition company, or SPAC, which had filed for a $250 million IPO in March, did not give a reason for the cancellation of the IPO in a regulatory filing on the move. A Barrack spokesperson declined to comment.

Water infrastructure firm Core & Main rises over 8% in debut

July 23 Shares of Core & Main Inc, a water infrastructure company owned by private equity firm Clayton, Dubilier & Rice (CD&R) rose over 8% in their debut, giving the company a market capitalization of $7 billion.

Digital ad platform Outbrain valued at more than $1 bln in Nasdaq debut

July 23 Shares of Outbrain Inc opened flat in their Nasdaq debut on Friday, giving the web recommendation platform a market capitalization of nearly $1.1 billion.

UPDATE 2-Tech firm Cvent to return to public markets via $5.3 bln blank-check deal

July 23 Event management software company Cvent will merge with a blank-check firm in a deal that gives it an enterprise value of $5.3 billion, returning to the public markets five years after it was taken private.

Tech firm Cvent to go public in $5.3 bln blank-check deal

July 23 Cloud-based meeting and event technology company Cvent will go public through a merger with a blank-check firm in a deal that gives it an enterprise value of $5.3 billion, the companies said on Friday. (Reporting by Niket Nishant in Bengaluru; Editing by Aditya Soni)

UPDATE 5-Ant-backed Zomato's stellar debut sets pace for other Indian tech listings

BENGALURU, July 23 Indian food delivery firm Zomato Ltd surged 65.8% in its stock market debut on Friday, giving the startup a valuation of 988.49 billion rupees ($13.28 billion) and setting the stage for other domestic startups that are waiting in the wings with listing plans of their own.

CEE MARKETS-Currencies ease as dollar firms, coronavirus worries persist

By Anita Komuves BUDAPEST, July 23 Central European currencies edged lower on Friday as the dollar continued to gain at the end of a turbulent week when the regional FX market was mostly driven by the global investor mood, which turned risk-averse as COVID-19 spread. The forint and the zloty both slid but were stronger than at the beginning of the week after leading the region higher in the previous session. Both currencies were boosted on Thursday by technical reason

UPDATE 1-Insurance brokerage Ryan Specialty rises 9% in NYSE debut, valued at $6.5 bln

July 22 Shares of Ryan Specialty Group Holdings Inc rose 9% in their New York Stock Exchange Debut on Thursday, fetching a market capitalization of $6.5 billion for the insurance brokerage founded and led by industry veteran Patrick Ryan.

Insurance brokerage Ryan Specialty rises 9% in NYSE debut

July 22 Shares of Ryan Specialty Group Holdings Inc rose 9% in their New York Stock Exchange Debut on Thursday, fetching a market capitalization of $6.5 billion for the insurance brokerage founded and led by industry veteran Patrick Ryan.