TPG, CPPIB and Leonard Green poised to make 2.6x from IMS Health
TPG, Canada Pension Plan Investment Board (CPPIB) and Leonard Green & Partners each stand to nearly triple their investment in IMS Health in three years. IMS, which is expected to go public on Friday, plans to sell 65 million shares for US$18 to US$21 per share. CPPIB, which had a pre-IPO ownership share of 26%, may potentially earn 2.66x its investment in the Danbury, Connecticut-based healthcare information company.
1 April 2014•2 mins read
