June 30, 2020 / 10:25 PM / 8 days ago

Dun & Bradstreet raises $1.7 billion in upsized IPO -source

NEW YORK, June 30 (Reuters) - U.S. business analytics firm Dun & Bradstreet raised $1.7 billion in its initial public offering (IPO) after it sold more stock than expected above its indicated price range, a person familiar with the matter said on Tuesday.

The company priced 78.3 million shares at $22 per share, the source said. It was previously seeking to sell 65.75 million shares for between $19 and $21 per share.

The source requested anonymity ahead of an official announcement. Dun & Bradstreet did not immediately respond to a request for comment. (Reporting by Echo Wang in New York Editing by Chris Reese)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below