IMS Health Files Registration Statement for IPO

IMS Health

today announced that it has publicly filed a registration statement with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its common stock. The number of shares to be offered by IMS Health and its shareholders, and the price range for the offering, have not yet been determined. The company filed under the name IMS Health Holdings, Inc. IMS Health expects to use the net proceeds it receives from the offering to repay a portion of its existing long-term debt and any remaining proceeds for general corporate purposes.