First Data Said to Seek $2.5 Billion in Year's Biggest U.S. IPO

  • Shares may trade this month depending on markets, roadshow
  • Deal would surpass this year's offerings by Tallgrass, Fitbit

First Data to Launch Year's Largest U.S. IPO at $2.5B

First Data Corp., the payments company with investors led by KKR & Co., plans to seek at least $2.5 billion in what would be the biggest U.S. initial public offering this year, according to people with knowledge of the matter.

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