Deals
Refinitiv's Tradeweb Is Said to File Confidentially for U.S. IPO
- Bond-trading platform could be worth over $4 billion in IPO
- Blackstone Group bought majority stake in Refinitiv last year
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Refinitiv, the financial data firm co-owned by the Blackstone Group LP and Thomson Reuters Corp., has confidentially filed for an initial public offering of its Tradeweb Markets LLC business, according to people familiar with the matter.
The bond-trading platform could be worth more than $4 billion in an IPO, said the people, who asked to not be identified because the matter isn’t public. One of the people said the timing of the potential IPO could be delayed by the U.S. government shutdown, which could broadly depress pending stock sales and mergers