Nielsen plans IPO filing soon
Friday, 4 June 2010
NEW YORK, June 3 (Reuters): Nielsen Holdings, the world's largest TV and consumer measurement company, is planning to soon file for an initial public offering, the Wall Street Journal reported on its website Wednesday.
Nielsen may try to raise $1.5 billion through the offering, which is expected to have JPMorgan Chase and Morgan Stanley as the lead underwriters, the paper said, citing unidentified sources.
It posted sales of about $4.8 billion and earnings before interest, taxes, depreciation and amortisation of some $1.3 billion, the paper said.
Nielsen was not immediately available for comment outside regular US business hours.
Nielsen may try to raise $1.5 billion through the offering, which is expected to have JPMorgan Chase and Morgan Stanley as the lead underwriters, the paper said, citing unidentified sources.
It posted sales of about $4.8 billion and earnings before interest, taxes, depreciation and amortisation of some $1.3 billion, the paper said.
Nielsen was not immediately available for comment outside regular US business hours.