NEWS5 September 2022

Nielsen shareholders approve acquisition

M&A News North America

US – Nielsen’s takeover has moved another step towards completion after its shareholders formally approved its acquisition by a private equity consortium.


The consortium is made up of Evergreen Coast Capital Corp, an affiliate of Elliott Investment Management LP, and Brookfield Business Partners LP together with institutional partners.

A court meeting and special meeting of Nielsen’s shareholders were held on 1st September to approve the $16bn acquisition, which was approved by the Nielsen board earlier this year.

The deal values Nielsen at $28 per share, and the acquisition is an all-cash transaction that is now expected to close in October 2022.

The transaction is still subject to customary closing transactions, including approval of the scheme of arrangement to implement the transaction by the UK court and the delivery of a copy of the court order approving the transaction to the UK Companies Registry.

The acquisition will see Nielsen become a private company and will no longer trade shares on the New York Stock Exchange.
J.P. Morgan and Allen & Company LLC are acting as lead financial advisers to Nielsen on the deal.