ZoomInfo looks to price IPO above target in 2020’s largest U.S. tech listing so far GlobeInvestor
This translation has been automatically generated and has not been verified for accuracy.ZoomInfo Technologies Inc is looking to price its initial public offering on Wednesday above its upwardly revised target range in what is set to be the largest U.S. technology listing so far this year, people familiar with the matter said
The Carlyle Group-backed business intelligence platform has said it is looking to sell 44.5 million shares, which at $21 would raise $934.5 million to value the company at just over $8 billion.The listing is the latest in a packed week for IPOs, which have rebounded after market turmoil in March and April over the COVID-19 pandemic delayed many listings.
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