Financial information provider Markit prices IPO at $24/shr-WSJ

Wed Jun 18, 2014 7:04pm EDT
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June 18 (Reuters) - Markit Ltd IPO-MRKT.O priced its initial public offering at $24 per share, valuing the financial information service provider at about $4.3 billion, the Wall Street Journal reported, citing sources.

Markit's IPO raised about $1.2 billion, after the company priced its enlarged offering of 49.3 million shares at the midpoint of its expected price range of $23-$25 per share, the Journal said. (

BofA Merrill Lynch, Barclays, Citigroup and Credit Suisse were among the underwriters for the IPO. (Reporting By Neha Dimri in Bangalore; Editing by Simon Jennings)