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Nielsen Investors Plan Billion Dollar Share Sale

March 5 2014

Nielsen has announced that a group of its shareholders is planning to sell 30 million shares of common stock, with a possible value of around $1.4bn.

Nielsen Investors to Sell 30 Million SharesThe sale is being handled by Valcon Acquisition Holding on behalf of affiliates of The Blackstone Group, The Carlyle Group, Kohlberg Kravis Roberts. Thomas H. Lee Partners, Hellman & Friedman, AlpInvest Partners, and Centerview Capital.

While the offer has not yet been priced, at yesterday's closing price of $46.96 per Nielsen share, shareholders could receive a total of around $1.4 billion as a result of the sale.

Nielsen was taken private in a $10bn buyout in 2006, by six private equity firms: Alpinvest, Blackstone, Carlyle, Hellman & Friedman, Kohlberg Kravis Roberts, and Thomas H Lee. In 2011, the firm announced it was preparing to take the company public in an initial public offering (IPO) for around $1.64bn or $23.00 per share.

Web site: www.nielsen.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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