Marex Group, Shareholders Seek Up to $323 Million in US IPO

Marex Group Plc and a group of the London-based firm’s shareholders are seeking to raise as much as $323 million in a US initial public offering.

The financial services platform and the selling shareholders plan to market a total of 15.4 million shares for $18 to $21 each, according to a filing Monday with the US Securities and Exchange Commission. ION Investment Corp. has indicated an interest in purchasing as much as $50 million worth of shares at the IPO price, the filing shows.

At the top of that range, Marex Group would have a market value of nearly $1.5 ...