(Reuters) - NEW YORK, July 1 - Man Group , the world's
largest listed hedge fund group, is set to stage what will
likely be the second-largest IPO on a U.S. exchange so far this
year when it spins off its U.S. brokerage arm, MF Global, this
month.
The offering could raise about $3.8 billion, putting it in
a league with Blackstone Group's high-profile $4.13
billion IPO last month. But investors are likely hoping that MF
Global's debut will not mirror the rocky entry of Blackstone
into the public markets.
Read more at Reuters.com Mergers News
largest listed hedge fund group, is set to stage what will
likely be the second-largest IPO on a U.S. exchange so far this
year when it spins off its U.S. brokerage arm, MF Global, this
month.
The offering could raise about $3.8 billion, putting it in
a league with Blackstone Group's high-profile $4.13
billion IPO last month. But investors are likely hoping that MF
Global's debut will not mirror the rocky entry of Blackstone
into the public markets.
Read more at Reuters.com Mergers News
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