The financial data provider, valued at about $5bn last year, will raise up to $750m, with the proceeds to go to its shareholders.
Markit, a UK-based financial services information provider, has filed for an initial public offering in New York that could raise up to $750m, and several of its shareholders will act as underwriters.
The company has not finalised the number of shares it plans to issue or the price at which they will be available. Markit itself will not raise any money from the IPO and the net proceeds will go to the selling shareholders.
Founded in 2003, Markit provides a…
