More on IPO of Pfizer's (PFE) Zoetis (ZTS) unit: At the mid-point of its $22-25 price range, the...

|About: Pfizer Inc. (PFE)|By:, SA News Editor

More on IPO of Pfizer's (PFE) Zoetis (ZTS) unit: At the mid-point of its $22-25 price range, the animal-health business would be worth $11.8B, or 26 times earnings in the year to September 30. At the top end of the range, Zoetis, which is listing on the NYSE, would raise $2.15B. Pricing is scheduled for January 31.