Tags: US | Nielsen | IPO

Nielsen Plans to Go Public in $1.75 Billion IPO

Thursday, 03 Jun 2010 08:23 AM

Nielsen Holdings BV, the television ratings and consumer research company, plans to raise up to $1.75 billion in an initial public offering, the company said in a securities filing on Thursday.

Nielsen, which is based in The Netherlands, said in a filing with the Securities and Exchange Commission that it will use proceeds to reduce its debt of $8.6 billion and for general corporate purposes.

Nielsen was acquired in May 2006 by a group of private equity firms, which included AlpInvest Partners, Blackstone Group, Carlye Group, Hellman & Friedman, Kohlberg Kravis Roberts and Thomas H. Lee Partners.

The company did not say how many shares it plans to offer or the price range it expects for them.

The volatility of the stock market could have a big effect on how much Nielsen is able to raise. Investors have been looking for discounts on recent IPOs. And an unusually high number of offerings have ended up pricing below their expected range this year.

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Nielsen Holdings BV, the television ratings and consumer research company, plans to raise up to $1.75 billion in an initial public offering, the company said in a securities filing on Thursday.Nielsen, which is based in The Netherlands, said in a filing with the Securities...
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2010-23-03
 

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