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Showing posts from April, 2015

Tochigi Ontario Holdings comments on IDC's private equity owners exploring $5.5 billion sale or IPO

Senior financial analysts at Tochigi Ontario Holdings have today commented on the private equity owners of the financial market data provider company, Interactive Data Corporation, priming for a sale of their investment. The deal is expected to be valued at $5.5 billion, including debt.    "Warburg Pincus and Silver Lake Partners have already initiated the early stages of a dual-track process, which would either trigger a US floatation of IDC or a sale. The firms are already making arrangements with banks to manage the listing," commented Michael Walker, Director of Corporate Equities at Tochigi Ontario Holdings.    If they consider auctioning IDC, it may attract financial data companies or other judicious bidders like Thomas Reuters, Standard & Poor's owner, McGraw Hill Financial, and others.   On the contrary, the possible deal's size may see some bidders withdraw as IDC's value is massive to absorb for its competitors. This may make the listing more prac...