News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

IG Group floats with a half-penny premium

IG Group, the spread betting business, returned to the market today valued at £393m (€579m). It was bought by private equity group CVC Capital Partners in a management buyout 19 months ago for £143m.

The flotation price of 120p was close to the bottom of an initial 112p to 139p range which had attracted criticism for being excessively high.

WSJ Logo