contact_phoneCall us +234 (0) 9073530044

BUSINESS

A commodities broker, Marex Spectron, has said it is considering an initial public offering on the main market of the London Stock Exchange.

todayMay 17, 2021 12

Background
share close

A commodities broker, Marex Spectron, has said it is considering an initial public offering on the main market of the London Stock Exchange.

Marex said on Friday that it intends to have a free float of at least 25 per cent of the business and expects that it would be eligible for inclusion in the FTSE UK indices, according to ShareCast.

Acquisitions have historically been an important growth driver for Marex and the company said they continued to form a central pillar of its strategy.

The Chief Executive, Ian Lowitt, noted that Marex is able to provide access to the world’s largest commodity markets with their broad and specialized offering which enables the business to serve the diverse needs of the largest commodities and financial markets clients.

Written by: EaglesFM

Rate it

Previous post

BUSINESS

Investors gained N150bn at the close of trading on the Nigerian Exchange Limited last week as stocks pared their losses.

Investors gained N150bn at the close of trading on the Nigerian Exchange Limited last week as stocks pared their losses. The NGX All-Share Index and market capitalization appreciated by 0.72 per cent to close the week at 39,481.89 basis points and N20.58tn respectively. All other indices finished higher with the exception of NGX Sovereign Bond Index, which depreciated by 10.69 per cent, while the NGX ASeM and NGX Growth Indices […]

todayMay 17, 2021 10

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *

About
eaglesfm_logo

Eagles FM Abuja Nigeria provides information, entertainment & empowerment it’s listeners.

 “Your Radio Experience, You Can Count On”

Contact us
Address
download streaming app
Privacy Policy
0%
%d bloggers like this: