The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Quintiles files for IPO of up to $600 mln

Fri, 15th Feb 2013 21:47

Feb 15 (Reuters) - Quintiles Transnational Holdings Inc, thelargest provider of testing services to drugmakers, filed withU.S. regulators on Friday to raise up to $600 million in aninitial public offering of common stock.

The company, backed by private equity investors that includeBain Capital LLC and TPG Capital LP, did not reveal how manyshares the company planned to sell or their expected price.

Morgan Stanley, Barclays Plc and J.P. Morgan Chase & Cowould be the lead underwriters for the IPO.

Durham, North Carolina-based Quintiles did not reveal theexchange in which it wishes to list or its symbol.

The offering comes five years after Bain and TPG became leadinvestors in Quintiles in January 2008.

The amount of money a company says it plans to raise in itsfirst IPO filings is used to calculate registration fees. Thefinal size of the IPO could be different.

Related Shares

More News
13 May 2024 10:51

Barclays promotes Chiapparoli EMEA co-head for industrials, names new Italy CEO

MILAN, May 13 (Reuters) - British bank Barclays on Monday said it had appointed Enrico Chiapparoli as co-head of industrials for Europe, Middle East...

10 May 2024 11:17

JPMorgan still positive on UK banks despite potential rate cuts

(Sharecast News) - JPMorgan has said that dovish comments from the Bank of England this week don't alter its constructive view on UK banking stocks, e...

9 May 2024 12:08

Barclays AGM disrupted by activists protesting over Gaza

LONDON, May 9 (Reuters) - Barclays' annual shareholder meeting was disrupted by activists protesting against its alleged indirect links to violence ...

9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

8 May 2024 16:45

UK watchdog considers redress scheme after motor finance probe

LONDON, May 8 (Reuters) - Britain's financial watchdog said on Wednesday it was considering a formal redress scheme to compensate thousands of consu...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.