Marex Group launches a $323mn US IPO at $18-$21/share, aiming for a $1.5bn market value.

Marex Group, a diversified financial services platform, launches a $323mn US IPO with a price range of $18-$21/share. The company aims for a $1.5bn market value. Marex, known for its commodities business, is one of the largest dealers on the London Metal Exchange. The offering is led by Barclays, Goldman Sachs, Jefferies, and KBW, with shares expected to trade on Nasdaq as MRX.

April 15, 2024
6 Articles