First Data Seeks to Raise as Much as $3.2 Billion in IPO

Updated on
  • Deal may be biggest U.S. initial public offering this year
  • Top end of range would value company at about $17.58 billion

First Data IPO to Offer 160 Million Shares at $18-$20

First Data Corp., the payments processor taken private by KKR & Co. eight years ago, is seeking to raise as much as $3.2 billion in what’s poised to be the biggest U.S. initial public offering this year.

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