Update: Markit IPO to Raise ‘War Chest' for Competitive Boost


The filing was largely incomplete─for example, the vendor did not publish how many shares it plans to sell or which exchange it will list on─but did indicate that Markit intends to raise up to $750 million from the IPO, though this figure is estimated solely for the purpose of computing the registration fees for the SEC. As such, the final size of the IPO is likely to change, though the vendor declines to provide further details beyond the SEC filing.

The total value of the company is also unkno

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