Nielsen Investor Said to Have Sought Equity for Backing Deal (1)

April 7, 2022, 6:17 PM UTC

The shareholder opposing the takeover of Nielsen Holdings Plc offered to support the take-private deal if it was awarded roughly $1.1 billion in additional equity, according to people familiar with the matter.

WindAcre Partnership, which owns a 9.6% stake in Nielsen, came out against the acquisition by a consortium led by Brookfield Asset Management Inc. and Elliott Investment Management this week, arguing the $28 purchase price undervalued the company.

During the takeover negotiations, WindAcre offered its support if the buyers granted it the equivalent of $40 for each of its 86.5 million shares and options in the form of equity ...

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