In what is the biggest private equity-led U.S. initial public offering since 2006, Nielsen Holdings raised $1.6 billion, reports Bloomberg News.
Nielsen, which is owned by Blackstone Group, Carlyle Group, KKR and Thomas H. Lee Partners after being taken private four years ago, sold 71.4 million shares at $23 each, the story says.
The shares had been offered at $20 to $22 each, the story says. It adds that Nielsen raised more money than had earlier been sought, following a year in which private equity-led IPOs gained less than half as much as other initial stock offerings.
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