First Data Set To Be Largest IPO Of 2015, At $3 Bil

By | October 12, 2015

Scalper1 News

Electronic payments processor First Data plans to raise $3 billion in what is set to be the largest initial public offering this year. First Data, which KKR (KKR) took private eight years ago for $25.6 billion, is offering 160 million shares at 18 to 20. That would value First Data at about $17.6 billion. It’s among seven IPOs planned for this week. The IPO would surpass Tallgrass Energy (TEGP) as the largest this year. Tallgrass raised $1.2 Scalper1 News

Scalper1 News