Hilton plans $2.2b IPO

Hilton plans to sell stock worth an estimated $US2.2 billion in its initial public offering, one of the year's biggest IPOs. The return to public markets will value the US hotels operator at about $US19.2 billion. Hilton was taken private by The Blackstone Group in October 2007 for $US20 billion and was quickly hit by the global financial crisis.

Hilton plans to sell stock worth an estimated $US2.2 billion in its initial public offering, one of the year's biggest IPOs. The return to public markets will value the US hotels operator at about $US19.2 billion. Hilton was taken private by The Blackstone Group in October 2007 for $US20 billion and was quickly hit by the global financial crisis.

Join the Conversation...

There are comments posted so far.

If you'd like to join this conversation, please login or sign up here

Related Articles