- IMS Health Holdings (IMS) is due to start trading on the NYSE today after the healthcare information company priced its IPO at $20 a share, giving it a market cap of $6.64B.
- The offering raised $1.3B, with IMS selling 52M shares and its owners 13M. There's also an over-allotment option of 9.75M shares.
- The share price was slightly above the midpoint of the IPO's expected price range of $18-$21 a share.
- IMS's flotation comes four years after TPG, Canada Pension Plan Investment Board and Leonard Green took the company private in 2010 for $5.2B, including debt.
- ETF: IPO
From other sites
at Nasdaq.com (Apr 8, 2015)
at Investor's Business Daily (Feb 7, 2015)
at Benzinga.com (Feb 5, 2015)
at CNBC.com (Jan 9, 2015)
at Investor's Business Daily (Dec 31, 2014)
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