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Refco may lean toward IPO


A public share issue may be more appealing to Refco than an outright sale, according to the firm's most senior executive.

As reported last week, the world's largest retail futures brokerage is planning an equity sale to fund business growth (see FO Week Vol 9 No 7).

In an exclusive interview with FO Week, Refco Group president and ceo Philip Bennett confirmed that the company is evaluating its options. He said that while...

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