IMS Health Said to Be Considering IPO in 2014 After 2010 Buyout

IMS Health Inc., the health-care focused information-technology company taken private almost four years ago, is considering an initial public offering in 2014, three people with knowledge of the matter said.

IMS, owned by Canada Pension Plan Investment Board, TPG Capital and Leonard Green & Partners LP, may also explore a sale process, said the people, who asked not to be identified because the process is private. IMS’s owners may seek a valuation for the company of at least $8 billion, the people said. The company is in the early stages of considering its options and hasn’t hired a financial adviser, the people said.