Nielsen Sale to Consortium Completed

Nielsen has announced the completion of its previously announced sale to a private equity consortium in an all-cash transaction valued at approximately $16 billion, including the assumption of debt.

Last month, Nielsen received shareholder approval for the sale, to a consortium comprising Evergreen Coast Capital Corp, an affiliate of Elliott Investment Management, and Brookfield Business Partners, together with institutional partners. Necessary government regulatory approvals were received earlier in the year.

Through the deal, Nielsen shareholders will receive $28.00 per share in cash, and Nielsen shares will no longer trade on the New York Stock Exchange from tomorrow. David Kenny (pictured), CEO of Nielsen, comments: 'Today's announcement marks an important milestone for Nielsen. We are excited for a bright future as a private company. This transaction provides significant value to our shareholders and provides the best conditions to execute on our Nielsen ONE strategy'.

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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