Nielsen Holdings NV, the television- audience ratings company owned by Blackstone Group LP, Carlyle Group, KKR & Co. and Thomas H. Lee Partners LP, raised $1.6 billion in the biggest private equity-led U.S. initial public offering since 2006.
Nielsen, which was taken private by six leveraged buyout firms four years ago, sold 71.4 million shares at $23 each yesterday after offering them at $20 to $22 apiece, according to a company statement and a filing with the U.S. Securities and Exchange Commission. Separately, Demand Media Inc., which employs freelance workers who contribute low-cost stories to websites, raised $151 million selling the first venture capital- backed U.S. IPO of 2011 above the forecast price range.
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