The acquisition of Nielsen Holdings by a private equity consortium has been approved in a court meeting and special meeting of shareholders.
The measurement, data and analytics specialist will be acquired by both Evergreen Coast Capital Corp, an affiliate of Elliott Investment Management L.P., and Brookfield Business Partners L.P. together as institutional partners.
Shareholders approved $28 per share in an all-cash transaction of approximately $16bn, including assumption of debt. This transaction is expected to close in October 2022 subject to customary closing conditions.
Once completed Nielsen will no longer be traded on the New York Stock Exchange.
