Advent-Backed Data Firm NIQ’s IPO Raises $1.05 Billion (2)

NIQ Global Intelligence Plc raised $1.05 billion in a US initial public offering, pricing its shares within a marketed range.

The former consumer intelligence unit of Nielsen Holdings sold 50 million shares Tuesday at $21 each after marketing them for $20 to $24, according to a statement confirming earlier reports by Bloomberg News.

At $21 a share, NIQ has a market value of $6.2 billion based on the outstanding shares listed in its filings with the US Securities and Exchange Commission. Accounting for warrants and restricted stock units, the company would have a fully diluted value of $6.3 billion. ...