Nielsen to be acquired by private equity firms for $21.6bn
Global data measurement business, Nielsen holdings has entered into an agreement to be acquired by a private equity consortium for a total price of US$16 billion (A$21.6 billion), including the assumption of debt.
The group is led by Evergreen Coast Capital Corporation and Brookfield Business Partners L.P, with the agreement made for US$28 (A$37.3) per share.
Nielsen gathers TV, radio, and digital viewership data. It is set to launch its Nielsen Identity System in Australia on Friday, to improve the scale and accuracy of its open web methodology for digital ad ratings.