Dun & Bradstreet Holdings Inc. has set terms for its initial public offering, in which the data and analytics provider expects to raise up to $1.38 billion…
The New Jersey-based company is offering 67.75 million shares in the IPO, which is expected to price between $19 and $21.
At the top of that range, the company would be valued at about $8.41 billion.
The stock is expected to debut on the NYSE, under the ticker symbol “DNB.”
The lead underwriters of the IPO are Goldman Sachs & Co. and BofA Securities.
The company recorded net income of $41.5 million on revenue of $395.3 million for the three months ended March 31, after recording a net loss of $227.9 million on revenue of $174.1 million in the same period a year ago.
The company is looking to…
Continue reading at MARKETWATCH.com