Private equity-backed financial information provider Markit has valued itself at about $4.3bn by pricing its IPO at $24 per share.
The company, which is backed by US growth equity firm General Atlantic, raised about $1.28bn through the listing on the Nasdaq exchange.
General Atlantic, invested $250m for a 7.5 per cent stake in Markit in 2010 in a deal which valued the company at close to $3bn.
Singapore sovereign wealth fund Temasek invested $500m in Markit last year, which saw the business valued at closer to $5bn.
The company, which provides financial information services to customers including banks, hedge funds, asset managers, central banks, regulators, auditors, fund administrators and insurance companies, reported revenues of $947.9m for 2013.
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