This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here

NEWS4 June 2014

New secondary offering to return $958m to Nielsen investor

Financials North America

US — One of Nielsen’s main shareholders, Valcon Acquisition Holding, is planning to sell 20m shares of common stock in the research company, in a secondary offering.

At the last reported sale price yesterday, of $47.92 a share, the secondary offering will return $958.4m (excluding fees) for Valcon – the group formed by a consortium of private equity companies, which took Nielsen (then known as VNU) private in a $10bn deal in 2006.

Nielsen went public again in 2011. Secondary offerings followed in 2012 and 2013.

@RESEARCH LIVE

0 Comments