Deals
Univision Said Eyeing Second Half of Year for $1 Billion IPO
- Company said to aim for market value of at least $6.5 billion
- Shares to be sold by company, proceeds will go to repay debt
This article is for subscribers only.
Univision Holdings Inc., the largest Spanish-language broadcaster in the U.S., is aiming for the second half of the year for its initial public offering that could raise as much as $1 billion, according to people with knowledge of the matter.
The New York-based company is waiting for better market conditions to sell its shares to the public, the people said, asking not to be named because the discussions are private. No final decision has been made on the timing of the deal, the people said.