Keane Group, which provides hydraulic fracturing well completion services for the oil and gas industry, raised $508 million by offering 26.8 million shares (41% insider) at $19, the high end of the range of $17 to $19. At the pricing, Keane commands a market value of $1,858 million. Keane originally planned to offer 16.7 million shares. Keane Group plans to list on the NYSE under the symbol FRAC. Citi, Morgan Stanley, BofA Merrill Lynch and J.P. Morgan acted as lead managers on the deal.
