Duoyuan Global Water (DGW) IPO Prices at $16
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The IPO for Duoyuan Global Water Inc. (NYSE: DGW) priced 5.5 million ADRs at $16, above the expected range of $13-$15 per share.
The lead underwriter is Piper Jaffray.
Duoyuan Global Water is a leading China-based domestic water treatment equipment supplier.
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