LMAX taps Morgan Stanley to weigh $5B sale or Nasdaq listing

crypto.news Editorial

(05:58 PM UTC)

1 min read

LMAX Group has enlisted Morgan Stanley and KBW to assess a sale or public listing that could value the institutional trading company at up to $5 billion.

Summary

LMAX has tapped Morgan Stanley and KBW to review strategic options worth up to $5 billion.
A Nasdaq IPO is preferred, although a sale, SPAC merger or European listing remains possible.
LMAX’s…

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